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Michie's Legal Resources

(a)  Petition.- A receiver may file a petition for permission to resign in the court in which the receiver was appointed. An assignee may file a petition to resign in the court in which a petition to assume jurisdiction of the estate has been filed. The petition shall state the reasons for the proposed resignation and may include a request for the appointment of a successor receiver or assignee. 

(b)  Report to be filed.- The receiver or assignee shall file with the petition a report pursuant to Rule 13-601 for any period not covered in an annual report previously filed or, if no annual report has been filed, from the date the receiver or assignee took charge of the estate. 

(c)  Notice.- The receiver or assignee shall mail a copy of the petition by first class mail, postage prepaid, to those interested persons designated by the court. 

(d)  Termination of appointment.- The resignation of a receiver or assignee does not terminate the appointment until the resignation has been approved by the court. 

(e)  Proceedings.- The court may grant or deny the requested relief with or without a hearing. In an order granting the petition, the court may specify any conditions for the acceptance of the resignation that the nature of the case may require. 

 
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