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2014 SESSION

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HB 360 General receivers; reimbursement of expenses incurred for direct out-of-pocket expenses.

Introduced by: A. Benton "Ben" Chafin | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Reimbursement of expenses incurred by general receivers for direct out-of-pocket expenses when carrying out order of the court. Provides for payment of $50 to a general receiver for conducting a hearing to ascertain the identity or location of trust fund beneficiaries and $50 per hour for an appearance in court. The bill also provides that when direct out-of-pocket expenses are necessary to carry out an order of the court, a general receiver may receive reimbursement for such expenses as the court deems reasonable. The bill also clarifies that compensation retained by a general receiver derives from moneys received and held under his duties.


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