{"data":{"id":"us-md/md.-code-commercial-law-24-405","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 24–405","heading":"","body":"A request by a mortgagee for the appointment of a receiver, the appointment of a receiver, or the application by a mortgagee of receivership property or proceeds to the secured obligation does not:\n(1) Make the mortgagee a mortgagee in possession of the real property;\n(2) Make the mortgagee an agent of the owner;\n(3) Constitute an election of remedies that precludes a later action to enforce the secured obligation;\n(4) Make the secured obligation unenforceable; or\n(5) Limit any right available to the mortgagee with respect to the secured obligation.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=24-405","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"794e07744b9ceecf48d36bbc08dba44b268729018e09473cae07afff273c4b89","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-24-404","next":"us-md/md.-code-commercial-law-24-406"},"notice":"GroundRules: Original legal text. Not legal advice."}