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RULE 66.1 ADMINISTRATION OF ESTATES

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(a) Authority for Rule. This rule is promulgated in the exercise of the authority granted to district courts by Fed. R. Civ. P. 66 and applies to the practice in the administration of estates by receivers or by other similar officers appointed by the court.

(b) Inventory by Receivers. Unless otherwise ordered, a receiver or other similar officer appointed by the court must file:
(1) an inventory of all property of which he has taken possession or control, as well as of any that he has not been able to reduce to possession and control;
(2) a list of the then-known liabilities of the estate; and
(3) a report explaining such inventory. Such filing must be made as soon as practicable after appointment, but in any event not later than 30 days thereafter.

(c) Accountings of Receivers. From time to time thereafter, at intervals of six months or as otherwise ordered, a receiver must file a current report and account of his receipts and disbursements and of his acts as such officer.

(d) Administration of Estates. In all other respects, the administration of estates by receivers or other officers must follow the procedure in bankruptcy cases as nearly as possible. But the court will ascertain and award the allowance of compensation of:
(1) receivers or similar officers or their attorneys; and
(2) all those whom the court appointed to aid in the administration of the estate.

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