Md. Rule 13-703

Rule 13-703. Appointment of Successors; Forfeiture of Compensation

Last amended: 2020Year: 2026Length: 91 wordsOfficial source
When a receiver, assignee, or professional dies, becomes disabled, resigns, or is removed, the court shall appoint a successor on its own initiative or on the motion of any person having an interest in the estate. The court shall order that all appropriate papers, records, and property be turned over to the successor and may order that a removed or resigning receiver or assignee file any report required by Rule 13-501. The court may order the person removed to forfeit any future compensation and return any compensation for services previously rendered.
Md. Rule 13-703: Rule 13-703. Appointment of Successors; Forfeiture of Compensation | Justis AI