(a) The court may award a receiver from receivership property the reasonable and necessary fees and expenses of performing the duties of the receiver and exercising the powers of the receiver.
(b) The court may order one or more of the following to pay the reasonable and necessary fees and expenses of the receivership, including reasonable attorneys' fees and costs:
(1) A person that requested the appointment of the receiver, if the receivership does not produce sufficient funds to pay the fees and expenses; or
(2) A person whose conduct justified or would have justified the appointment of the receiver under subdivision (1) of subsection (a) of section 52-624.
(P.A. 21-80, S. 21.)
History: P.A. 21-80 effective July 1, 2022.
Structure Connecticut General Statutes
Chapter 930 - Uniform Commercial Real Estate Receivership Act
Section 52-620. - (Note: This section is effective July 1, 2022.) Definitions.
Section 52-622. - (Note: This section is effective July 1, 2022.) Scope. Exclusions.
Section 52-623. - (Note: This section is effective July 1, 2022.) Power of court.
Section 52-624. - (Note: This section is effective July 1, 2022.) Appointment of receiver.
Section 52-630. - (Note: This section is effective July 1, 2022.) Powers and duties of receiver.
Section 52-631. - (Note: This section is effective July 1, 2022.) Duties of owner.
Section 52-632. - (Note: This section is effective July 1, 2022.) Stay; injunction.
Section 52-635. - (Note: This section is effective July 1, 2022.) Executory contract.
Section 52-637. - (Note: This section is effective July 1, 2022.) Interim report of receiver.
Section 52-639. - (Note: This section is effective July 1, 2022.) Fees and expenses.
Section 52-646. - (Note: This section is effective July 1, 2022). Transition.