2020 Maryland Statutes
Commercial Law
Title 24 - Maryland Commercial Receivership Act
Subtitle 4 - Effect of Receivership
Section 24-406 - Assigned Property

    (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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