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2019 Maryland Code
Commercial Law
Title 24 - Maryland Commercial Receivership Act.
Subtitle 2 - Appointment of Receiver.
§ 24-205. Jurisdiction of court that appoints receiver.
Universal Citation: MD Comm L Code § 24-205 (2019)
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.
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