On motion of a receiver or assignee, the court may order the abandonment of any property of the estate that is burdensome or not of material value to the estate.
In connection with the termination of the receivership or assignment for the benefit of creditor's estate, the receiver or assignee may move for permission to destroy, return to the debtor, or otherwise dispose of all or part of the books and records of the debtor or of the estate.
Notice of the motion shall be given to all federal and state tax authorities, the debtor at the debtor's last known address, and all other parties that are required to be served under Rule 13-108(c).
Md. R. Rec. & Assign. 13-601
This Rule is derived from former Rule BP8 and is in part new.
HISTORICAL NOTES
Derivation:
Maryland Rule of Procedure BP8, adopted Sept. 15, 1961, eff. Jan. 1, 1962, related to abandonment of property and records, rescinded June 5, 1996, eff. Jan. 1, 1997.