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§ 11-109.3. Quorum requirements and appointment of receiver

West's Annotated Code of MarylandReal PropertyEffective: October 1, 2007

West's Annotated Code of Maryland
Real Property (Refs & Annos)
Title 11. Maryland Condominium Act (Refs & Annos)
Effective: October 1, 2007
MD Code, Real Property, § 11-109.3
§ 11-109.3. Quorum requirements and appointment of receiver
Appointment of receiver
(a) If the council of unit owners fails to fill vacancies on the board of directors sufficient to constitute a quorum in accordance with the bylaws, three or more unit owners may petition the circuit court for the county where the condominium is located to appoint a receiver to manage the affairs of the council of unit owners.
Notice of petition
(b)(1) At least 30 days before petitioning the circuit court, the unit owners acting under the authority granted by subsection (a) of this section shall mail to the council of unit owners a notice describing the petition and the proposed action.
(2) The unit owners shall post a copy of the notice in a conspicuous place on the condominium property.
Failure to fill vacancies during notice period
(c) If the council of unit owners fails to fill vacancies sufficient to constitute a quorum within the notice period, the unit owners may proceed with the petition.
Receiver prohibited from residing or owning unit
(d) A receiver appointed by a court under this section may not reside in or own a unit in the condominium governed by the council of unit owners.
Powers and duties of receiver
(e)(1) A receiver appointed under this section shall have all powers and duties of a duly constituted board of directors.
(2) The receiver shall serve until the council of unit owners fills vacancies on the board of directors sufficient to constitute a quorum.
Salaries as common expenses
(f) The salary of the receiver, court costs, and reasonable attorney's fees are common expenses.

Credits

Added by Acts 2007, c. 321, § 1, eff. Oct. 1, 2007.
MD Code, Real Property, § 11-109.3, MD REAL PROP § 11-109.3
Current through all legislation from the 2017 Regular Session of the General Assembly
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