§ 24-205

Maryland § 24-205

• Jurisdiction: Maryland
• Article gcl: Commercial Law
• Title: 24

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.