<?xml version='1.0' encoding='utf-8'?>
<section article="gcl" article_name="Commercial Law" number="24-602" title_number="24" title_name="Maryland Commercial Receivership Act" subtitle_number="6" subtitle_name="Reporting">
  <level label="a">
    <text>On completion of a receiver’s duties, the receiver shall file a final report that includes:</text>
    <level label="1">
      <text>A description of the activities of the receiver during the course of the receivership;</text>
    </level>
    <level label="2">
      <text>A list of receivership property at the commencement of the receivership and any receivership property received during the receivership;</text>
    </level>
    <level label="3">
      <text>A list of disbursements, including payments to professionals engaged by the receiver;</text>
    </level>
    <level label="4">
      <text>A list of dispositions of receivership property;</text>
    </level>
    <level label="5">
      <text>A list of distributions made or proposed to be made from the receivership property for creditor claims;</text>
    </level>
    <level label="6">
      <text>If not filed separately, a request for approval of the payment of fees and expenses of the receiver; and</text>
    </level>
    <level label="7">
      <text>Any other information required by the court.</text>
    </level>
  </level>
  <level label="b">
    <text>The receiver is discharged if:</text>
    <level label="1">
      <text>A court approves a final report filed under subsection (a) of this section; and</text>
    </level>
    <level label="2">
      <text>The receiver distributes all receivership property.</text>
    </level>
  </level>
</section>
