§ 24-602
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/md/commercial-law/24-602·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§24–602.
(a)On completion of a receiver’s duties, the receiver shall file a final report that includes:
(1)A description of the activities of the receiver during the course of the receivership;
(2)A list of receivership property at the commencement of the receivership and any receivership property received during the receivership;
(3)A list of disbursements, including payments to professionals engaged by the receiver;
(4)A list of dispositions of receivership property;
(5)A list of distributions made or proposed to be made from the receivership property for creditor claims;
(6)If not filed separately, a request for approval of the payment of fees and expenses of the receiver; and
(7)Any other information required by the court.
(b)The receiver is discharged if:
(1)A court approves a final report filed under subsection
(a)of this section; and
(2)The receiver distributes all receivership property.