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Michie's Legal Resources

Rule 13-703. Appointment of successors; forfeiture of compensation.

 

When a receiver, assignee, or professional dies, resigns, or is removed, the court may appoint a successor on its own initiative or on the petition of any person having an interest. 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. 

 
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