Md. Code, Commercial Law § 24-702

§24–702.

Year: 2026Length: 93 wordsSubsections: 2Official source
(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.
Md. Code, Commercial Law § 24-702: §24–702. | Justis AI