- (1) A receiver shall file with the court a monthly report of the receiver’s operations and financial affairs, unless the court orders a different reporting period. The receiver shall file each report no later than 30 days after the end of a reporting period. The initial report under this section must be filed no later than 60 days after the receiver is appointed, unless the court orders a different deadline.
(2) Each periodic report must include:
- (a) A concise narrative summary of the receiver’s activities during the period and a description of any major upcoming events;
- (b) Beginning and ending cash balances;
- (c) A statement of cash receipts and disbursements;
- (d) A statement of noncash receipts and payments;
- (e) A statement of receipts and dispositions of estate property outside the ordinary course of business, including a description of the property, the value of the property and the amounts received from any disposition of the property;
- (f) A statement of accounts receivable;
- (g) A statement of fees and expenses of the receiver;
- (h) A tax disclosure statement listing taxes due or tax deposits required, the name of the taxing agency, the date due and an explanation for any failure to make payments or deposits; and
- (i) Any other information required by the court.
[2017 c.358 §20]