Mich. Comp. Laws § 554.1033
Final report of receiver; contents; discharge.
Michigan · Michigan Compiled Laws — RECEIVERSHIP ACT (Act 16 of 2018) · Status: effective
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- Citation
- Mich. Comp. Laws § 554.1033, Final report of receiver; contents; discharge, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1369740
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Full text
(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.