Md. R. Rec. & Assign. 13-703

As amended through April 5, 2024
Rule 13-703 - APPOINTMENT OF SUCCESSORS; FORFEITURE OF COMPENSATION

When a receiver, assignee, or professional dies, becomes disabled, resigns, or is removed, the court shall appoint a successor on its own initiative or on the motion of any person having an interest in the estate. The court shall order that all appropriate papers, records, and property be turned over to the successor and may order that a removed or resigning receiver or assignee file any report required by Rule 13-501. The court may order the person removed to forfeit any future compensation and return any compensation for services previously rendered.

Md. R. Rec. & Assign. 13-703

This Rule is derived from former Rule V82 a.

Adopted June 5, 1996, eff. 1/1/1997; amended June 29, 2020, eff. 8/1/2020.

HISTORICAL NOTES

Derivation:

Maryland Rule of Procedure V82, revised eff. Feb. 2, 1970, amended eff. July 1, 1974, related to substitution of fiduciaries, rescinded June 5, 1996, eff. Jan. 1, 1997.