In the exercise of the authority vested in the district courts by Rule 66 of the Federal Rules of
Civil Procedure, this rule is promulgated for the administration of estates by receivers or by other
similar officers appointed by the court. In respects other than administration of the estate, any
civil action in which the appointment of a receiver or other similar officer is sought, or which is
brought by or against such an officer, is governed by the Federal Rules of Civil Procedure and by
these rules.
(a) Inventories
Unless the court otherwise orders, a receiver or similar officer as soon as practicable after
appointment and not later than 20 days after the receiver has taken possession of the estate, shall
file an inventory of all the property and assets in the receiver’s possession or in the possession of
others who hold possession as the receiver’s agent, and in a separate schedule, an inventory of
the property and assets of the estate not reduced to possession by the receiver but claimed and
held by others.
(b) Reports
Within six months after the filing of the inventory, and at regular intervals of six months
thereafter until discharged, or at such other times as the court may direct, the receiver or other
similar officer shall file reports of receipts and expenditures and of the receiver’s acts and
transactions in an official capacity.
(c) Compensation of Receivers, Attorneys and Others
The compensation of receivers or similar officers, of their counsel, and of all those who may
have been appointed by the court to aid in the administration of the estate, the conduct of its
business, the discovery and acquirement of its assets, the formation of reorganization plans, and
the like, shall be ascertained and awarded by the court in its discretion. Such an allowance shall
be made only on such notice to creditors and other persons in interest as the court may direct.
The notice shall state the amount claimed by each applicant.
(d) Administration of Estates
In all other respects the receiver or similar officer shall administer the estate as nearly as may be
in accordance with the practice in the administration of estates in bankruptcy, except as
otherwise ordered by the court.
Civil Rules
