Maryland § 24-602
Full text of Maryland Maryland Code § 24-602, with citation guidance and answers to common questions.
§ 24-602.
(a) On completion of a receiver’s duties, the receiver shall file a final report that includes:
(1) A description of the activities of the receiver during the course of the receivership;
(2) A list of receivership property at the commencement of the receivership and any receivership property received during the receivership;
(3) A list of disbursements, including payments to professionals engaged by the receiver;
(4) A list of dispositions of receivership property;
(5) A list of distributions made or proposed to be made from the receivership property for creditor claims;
(6) If not filed separately, a request for approval of the payment of fees and expenses of the receiver; and
(7) Any other information required by the court.
(b) The receiver is discharged if:
(1) A court approves a final report filed under subsection (a) of this section; and
(2) The receiver distributes all receivership property.
Frequently Asked Questions About Maryland § 24-602
What does Maryland Code § 24-602 cover?
Section 24-602 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 24-602?
A common citation format is "Maryland Code § 24-602" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 24-602 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.