Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Subject to subsection (b) of this section, a court may appoint as an ancillary receiver for property located in the State or subject to the jurisdiction of the court for which a receiver could be appointed under this title:
(1) A receiver appointed in another state; or
(2) A nominee of the receiver in the other state.
(b) An ancillary receiver under subsection (a) of this section shall:
(1) Be eligible to serve as a receiver under § 24-203 of this subtitle; and
(2) Further the person's possession, custody, control, or disposition of property subject to the receivership in the other state.
(c) A court may issue an order that gives effect to an order entered in another state appointing or directing a receiver.
(d) Unless the court orders otherwise, an ancillary receiver appointed under subsection (a) of this section has the rights, powers, and duties of a receiver appointed under this title.
Cite this article: FindLaw.com - Maryland Code, Commercial Law § 24-202 - last updated January 01, 2025 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-24-202/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)