GroundRules
← Search the law
Maryland · Through 2026-01-01

Md. Code, Commercial Law § 24–202

Read at publisher ↗
Where this section sits in the code
  1. Article - Commercial Law

(a) Subject to subsection (b) of this section, a court may appoint as an ancillary receiver for property located in the State or subject to the jurisdiction of the court for which a receiver could be appointed under this title:

(1) A receiver appointed in another state; or

(2) A nominee of the receiver in the other state.

(b) An ancillary receiver under subsection (a) of this section shall:

(1) Be eligible to serve as a receiver under § 24–203 of this subtitle; and

(2) Further the person’s possession, custody, control, or disposition of property subject to the receivership in the other state.

(c) A court may issue an order that gives effect to an order entered in another state appointing or directing a receiver.

(d) Unless the court orders otherwise, an ancillary receiver appointed under subsection (a) of this section has the rights, powers, and duties of a receiver appointed under this title.

Collected 2026-09-14T19:56:33Z. Source file · JSON

Browse this collection