Plain Text Law

§ 24–501

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 24-501 (2026)
Title 24. Maryland Commercial Receivership Act
Subtitle 5. Authority of the Court

§ 24–501Copy Citation

(a)
Except as otherwise provided in subsection (b) of this section, the court may issue an order under this title only after notice and an opportunity for a hearing.
(b)
The court may issue an order under this title:
(1)
If the circumstances require issuance of an order before notice is given, without prior notice;
(2)
If the circumstances require issuance of an order before a hearing is held, after notice and without a prior hearing; or
(3)
If no interested party timely requests a hearing, after notice and without a hearing.
(c)
The receiver shall file periodically with the court a master service list consisting of the names, mailing addresses, and, where available, facsimile numbers and e–mail addresses of:
(1)
The respondent;
(2)
The receiver;
(3)
All persons joined as parties in the receivership;
(4)
All persons known by the receiver to have asserted any ownership of or lien in receivership property;
(5)
All persons that have filed a notice of appearance in accordance with this section; and
(6)
Any attorney of record.
(d)
Except as otherwise provided in this title, and unless the court orders otherwise, a motion shall be served in accordance with the Maryland Rules on:
(1)
All persons on the master service list;
(2)
All persons that have asserted an ownership interest or lien in receivership property that is the subject of the motion;
(3)
All persons that are identified in the motion as directly affected by the relief requested; and
(4)
Any other person as the court may direct.