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RULE 13-601. ABANDONMENT OF PROPERTY AND RECORDS

West's Annotated Code of MarylandMaryland RulesEffective: August 1, 2020

West's Annotated Code of Maryland
Maryland Rules
Title 13. Receivers and Assignees
Chapter 600. Disposition of Property
Effective: August 1, 2020
MD Rules, Rule 13-601
RULE 13-601. ABANDONMENT OF PROPERTY AND RECORDS
Currentness
(a) Abandonment of Property. On motion of a receiver or assignee, the court may order the abandonment of any property of the estate that is burdensome or not of material value to the estate.
(b) Abandonment or Destruction of Books and Records.
(1) Motion. In connection with the termination of the receivership or assignment for the benefit of creditor's estate, the receiver or assignee may move for permission to destroy, return to the debtor, or otherwise dispose of all or part of the books and records of the debtor or of the estate.
(2) Notice. Notice of the motion shall be given to all federal and state tax authorities, the debtor at the debtor's last known address, and all other parties that are required to be served under Rule 13-108 (c).
Source: This Rule is derived from former Rule BP8 and is in part new.

Credits

[Adopted June 29, 2020, eff. Aug. 1, 2020.]
MD Rules, Rule 13-601, MD R RECEIVERS AND ASSIGNEES Rule 13-601
Current with amendments received through February 1, 2024. Some sections may be more current, see credits for details.
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