Semiannual Accounts

Every receiver upon an estate which has been in process of settlement more than four months (except receivers of state banks and trust compa- nies) shall during the first week of April and Octo- ber of each year sign, swear to and file with the court a full and detailed account of the condition and prospects of the estate as of the close of the next preceding month, including therein a state- ment of realization and liquidation. The receiver shall furnish supplemental schedules and infor- mation if required by the court. The receiver shall cause a motion for the approval of the report to be placed on the short calendar. (P.B. 1978-1997, Sec. 499.) (Amended June 25, 2001, to take effect Jan. 1, 2002.)