§ 24–701
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 24-701 (2026)
Title 24. Maryland Commercial Receivership Act
Subtitle 7. Actions Against Receiver and Termination of Receivership
§ 24–701LinkCopy Citation
(a)
A court may award to a receiver from receivership property or proceeds the reasonable and necessary fees and expenses of performing the duties and exercising the powers of the receiver.
(b)
A court may order one or more of the following persons to pay the reasonable and necessary fees and expenses of the receivership, including reasonable attorney’s fees and costs:
(1)
A person that requested the appointment of the receiver, if the receivership does not produce sufficient funds to pay the fees and expenses; or
(2)
A person whose conduct would have justified the appointment of the receiver under § 24–201(a)(1) of this title.