Md. Code, Commercial Law § 24-205
This is the official text of Md. Code, Commercial Law § 24-205, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.
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§24–205.
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
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