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S.D. Ind. L.R. 66-1

Receiverships

activein force · 2026-07-01 – presentact-effective-date

(a) Applicability. This rule applies to the administration of estates (excluding

estates in bankruptcy) by court-appointed officers such as receivers.

(b) Officer’s Duties.

(1) Inventories. Within 28 days after taking possession of an estate, the court-appointed officer must file:

(A) an inventory and appraisal of the estate’s property and assets held by

the officer or the officer’s agent; and

(B) on a separate schedule, an inventory of the estate’s property and assets

held by others.

(2) Regular Reports. Within 28 days after the inventory is filed and every

three months after that, the court-appointed officer must file a report:

(A) describing the acts and transactions the officer has undertaken on the

estate’s behalf; and

(B) accounting for any monies received by or expended for the estate.

(c) Compensation of Receiver, Attorneys, and Other Officers.

(1) Amount. The court, in its discretion, will determine what to pay court-appointed officers, their attorneys, and others the court appoints to help

administer an estate.

(2) Procedures for Payment. To get paid, persons seeking compensation must

petition the court and notify:

(A) the estate’s creditors; and

(B) any other interested parties the court requires to receive notice.

(d) Administration Generally. In all other respects the court-appointed officer

must—to the extent it is reasonable to do so—administer the estate in the way that

bankruptcy estates are typically administered unless the court authorizes a different

practice.

(e) Deadlines. The court may alter any deadline imposed by this rule.

Provenance

Source
www.insd.uscourts.gov
Retrieved
2026-09-18
Edition
fed-district-2026-09-19
Content hash
b518b6110e3e7fe3a9888e4fa3ae881ad88eb4111dac482b9b0dcc06cf284fac
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S.D. Ind. L.R. 66-1 — Receiverships · binding.law