Md. Code, Com. § 24-205

Current with changes from the 2024 Legislative Session
Section 24-205 - Jurisdiction of court that appoints receiver

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.

Md. Code, CL § 24-205

Added by 2019 Md. Laws, Ch. 284,Sec. 1, eff. 10/1/2019.