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Code · Maryland · Commercial Law

§ 24-702

94 words·~1 min read·/md/commercial-law/24-702

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§24–702.
(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.
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