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Section 24-202 - Ancillary Receiver — Maryland Law | CourtGPT
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  7. Section 24-202 - Ancillary Receiver
Maryland Legal Code

Section 24-202 - Ancillary Receiver

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(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.