Final report of receiver; discharge

(765 ILCS 1090/23)     Sec. 23. Final report of receiver; discharge.     (a) Unless excused by the court, on completion of a receiver's duties, the receiver shall file a motion seeking approval of a final report and termination of the court's administration of the receivership property.     (b) The final report shall include:         (1) a description of the activities of the receiver     in the conduct of the receivership;        (2) a list of receivership property at the     commencement of the receivership and any receivership property received during the receivership;        (3) a list of disbursements, including payments to     professionals engaged by the receiver;        (4) a list of dispositions of receivership property;         (5) a list of distributions made or proposed to be     made from the receivership for creditor claims;         (6) if not filed separately, a request for approval     of the payment of fees and expenses of the receiver and the receiver's professionals; and        (7) any other information required by the court.     (c) If the court approves a final report filed under subsection (a) and the receiver distributes all receivership property, the receiver is discharged and the court's administration of the receivership property is terminated. The order approving a final report and termination of the receivership shall include such additional terms as the court deems appropriate. (Source: P.A. 104-34, eff. 1-1-26.)