A receiver: May file an interim report; or If ordered by the court, shall file an interim report. The interim report under subsection (a) of this section shall include: The activities of the receiver since appointment or a previous interim report; Receipts and disbursements, including any payment made or proposed to be made to a professional engaged by the receiver; Receipts and dispositions of receivership property; Fees and expenses of the receiver and, if not filed separately, a request for approval of payment of the fees and expenses; and Any other information required by the court.

On completion of a receiver’s duties, the receiver shall file a final report that includes: A description of the activities of the receiver during the course of the receivership; A list of receivership property at the commencement of the receivership and any receivership property received during the receivership; A list of disbursements, including payments to professionals engaged by the receiver; A list of dispositions of receivership property; A list of distributions made or proposed to be made from the receivership property for creditor claims; If not filed separately, a request for approval of the payment of fees and expenses of the receiver; and Any other information required by the court. The receiver is discharged if: A court approves a final report filed under subsection (a) of this section; and The receiver distributes all receivership property.