1. (a) On completion of a receiver's duties, the receiver shall file a final report that includes:

   1. (1) A description of the activities of the receiver during the course of the receivership;
   2. (2) A list of receivership property at the commencement of the receivership and any receivership property received during the receivership;
   3. (3) A list of disbursements, including payments to professionals engaged by the receiver;
   4. (4) A list of dispositions of receivership property;
   5. (5) A list of distributions made or proposed to be made from the receivership property for creditor claims;
   6. (6) If not filed separately, a request for approval of the payment of fees and expenses of the receiver; and
   7. (7) Any other information required by the court.

2. (b) The receiver is discharged if:

   1. (1) A court approves a final report filed under subsection (a) of this section; and
   2. (2) The receiver distributes all receivership property.

Added by Acts 2019, c. 284, § 1, eff. Oct. 1, 2019.