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Code · Maryland · Commercial Law

§ 24-205

100 words·~1 min read·/md/commercial-law/24-205·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§24–205.
A court that appoints a receiver under this title:
(1)Has exclusive jurisdiction to direct the receiver and determine any controversy related to the receivership or receivership property wherever located within the State, including all controversies relating to:
(i)The collection, preservation, improvement, disposition, and distribution of receivership property;
(ii)The exercise of the receiver’s powers; or
(iii)The performance of the receiver’s duties; and
(2)May, on motion by a party in interest or on its own initiative, assign the receivership to a judge who shall be responsible for the entire case during the course of the receivership.
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