2019 Maryland Code
Commercial Law
Title 24 - Maryland Commercial Receivership Act.
Subtitle 2 - Appointment of Receiver.
§ 24-202. Ancillary receiver.
(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.
