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§ 24-702. Actions against receiver or professional; defenses and immunities; approval of court

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 7. Actions Against Receiver and Termination of Receivership (Refs & Annos)
Effective: October 1, 2019
MD Code, Commercial Law, § 24-702
§ 24-702. Actions against receiver or professional; defenses and immunities; approval of court
Currentness
(a) A receiver is entitled to all defenses and immunities under applicable State law for an act or omission within the scope of the receiver's appointment.
(b) A person shall receive approval from the court that appointed the receiver before taking the following actions:
(1) An action against the receiver personally based on an act or omission in administering receivership property; and
(2) An action by a person other than the receiver against a professional person that has provided services to the receiver based on an act or omission in performing the services.

Credits

Added by Acts 2019, c. 284, § 1, eff. Oct. 1, 2019.
MD Code, Commercial Law, § 24-702, MD COML § 24-702
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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