Section 21-12.Reports where Business Continued
Current through August 12, 2025 (2026 Practice Book edition) · Last verified July 9, 2026
Full Text of Section 21-12
Amendment History
(P.B. 1978-1997, Sec. 497.) (Amended June 25, 2001, to take effect Jan. 1, 2002.)
Plain-English Summary
While a receiver continues operating a business under a judge’s or the court’s order, the receiver must file a report during the first ten days of each month showing the results of operating the business during the preceding month. The receiver must also furnish supplemental schedules and information if the court requires them.
Frequently Asked Questions
How often must a receiver report on a continued business?
Monthly — the receiver must file a report during the first ten days of each month covering the preceding month’s operating results.
What must the monthly report contain?
It must show the results of operating the business during the preceding month, and any supplemental schedules or information the court requires.
Does this reporting duty apply to every receiver?
It applies specifically when a receiver is continuing a business under order of a judge or the court, as authorized under Section 21-11.