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§ 24-406. Assignee for benefit of creditors

West's Annotated Code of MarylandCommercial LawEffective: October 1, 2019

West's Annotated Code of Maryland
Commercial Law
Title 24. Maryland Commercial Receivership Act (Refs & Annos)
Subtitle 4. Effect of Receivership (Refs & Annos)
Effective: October 1, 2019
MD Code, Commercial Law, § 24-406
§ 24-406. Assignee for benefit of creditors
(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.

Credits

Added by Acts 2019, c. 284, § 1, eff. Oct. 1, 2019.
MD Code, Commercial Law, § 24-406, MD COML § 24-406
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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