<?xml version='1.0' encoding='utf-8'?>
<section article="gcl" article_name="Commercial Law" number="24-406" title_number="24" title_name="Maryland Commercial Receivership Act" subtitle_number="4" subtitle_name="Effect of Receivership">
  <level label="a">
    <text>An assignee for the benefit of creditors shall be treated as a receiver appointed under § 24–201(a)(3) of this title.</text>
  </level>
  <level label="b">
    <text>The property assigned shall be treated as receivership property.</text>
  </level>
  <level label="c">
    <text>Except for § 24–201 of this title, this title shall govern all proceedings following the filing of the assignment.</text>
  </level>
</section>
