Md. Code, Com. § 24-701

Current with changes from the 2024 Legislative Session
Section 24-701 - Fees and expenses
(a) A court may award to a receiver from receivership property or proceeds the reasonable and necessary fees and expenses of performing the duties and exercising the powers of the receiver.
(b) A court may order one or more of the following persons to pay the reasonable and necessary fees and expenses of the receivership, including reasonable attorney's fees and costs:
(1) A person that requested the appointment of the receiver, if the receivership does not produce sufficient funds to pay the fees and expenses; or
(2) A person whose conduct would have justified the appointment of the receiver under § 24-201(a)(1) of this title.

Md. Code, CL § 24-701

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