§ 24-406
52 words·~1 min read·
/md/commercial-law/24-406A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§24–406.
(a)An assignee for the benefit of creditors shall be treated as a receiver appointed under § 24–201(a)(3) of this title.
(b)The property assigned shall be treated as receivership property.
(c)Except for § 24–201 of this title, this title shall govern all proceedings following the filing of the assignment.