Sec. 23.
(1) On completion of a receiver's duties, the receiver shall file a final report including all of the following:
(a) A description of the activities of the receiver in the conduct of the receivership.
(b) A list of receivership property at the commencement of the receivership and any receivership property received during the receivership.
(c) A list of disbursements, including payments to professionals engaged by the receiver.
(d) A list of dispositions of receivership property.
(e) A list of distributions made or proposed to be made from the receivership for creditor claims.
(f) If not filed separately, a request for approval of the payment of fees and expenses of the receiver.
(g) Any other information required by the court.
(2) If the court approves a final report filed under subsection (1) and the receiver distributes all receivership property, the receiver is discharged.
History: 2018, Act 16, Eff. May 7, 2018