Plain Text Law

§ 24–702

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 24-702 (2026)
Title 24. Maryland Commercial Receivership Act
Subtitle 7. Actions Against Receiver and Termination of Receivership

§ 24–702Copy Citation

(a)
A receiver is entitled to all defenses and immunities under applicable State law for an act or omission within the scope of the receiver’s appointment.
(b)
A person shall receive approval from the court that appointed the receiver before taking the following actions:
(1)
An action against the receiver personally based on an act or omission in administering receivership property; and
(2)
An action by a person other than the receiver against a professional person that has provided services to the receiver based on an act or omission in performing the services.