(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 55-21-6(a)(1) of this code.
Structure West Virginia Code
Chapter 55. Actions, Suits and Arbitration; Judicial Sale
Article 21. Uniform Commercial Real Estate Receivership Act
§55-21-3. Notice and Opportunity for Hearing
§55-21-6. Appointment of Receiver
§55-21-7. Disqualification From Appointment as Receiver; Disclosure of Interest
§55-21-8. Bond; Alternative Security
§55-21-9. Status of Receiver as Lien Creditor
§55-21-10. Security Agreement Covering After-Acquired Property
§55-21-11. Collection and Turnover of Receivership Property
§55-21-12. Powers and Duties of Receiver
§55-21-14. Stay of Other Actions; Injunction
§55-21-15. Engagement and Compensation of Professional
§55-21-16. Use or Transfer of Receivership Property Not in Ordinary Course of Business
§55-21-18. Defenses and Immunities of Receiver
§55-21-19. Interim Report of Receiver
§55-21-20. Notice of Appointment; Claim Against Receivership; Distribution to Creditors
§55-21-22. Removal of Receiver; Replacement; Termination of Receivership
§55-21-23. Final Report of Receiver; Discharge
§55-21-24. Receivership in Another State; Ancillary Proceeding
§55-21-25. Effect of Enforcement by Mortgagee
§55-21-26. Uniformity of Application and Construction
§55-21-27. Relation to Electronic Signatures in Global and National Commerce Act