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Maryland Code, Commercial Law § 24-406

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) An assignee for the benefit of creditors shall be treated as a receiver appointed under § 24-201(a)(3) of this title.

(b) The property assigned shall be treated as receivership property.

(c) Except for § 24-201 of this title, this title shall govern all proceedings following the filing of the assignment.

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Cite this article: FindLaw.com - Maryland Code, Commercial Law § 24-406 - last updated January 01, 2025 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-24-406/

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