District of Columbia § 42-1660 Fees and expenses.

District of Columbia Statutes

§ 42-1660 — Fees and expenses.

District of Columbia·Title 42 Real Property.·Ch. 16B Uniform Commercial Real Estate Receivership.

(a)The Superior 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 Superior Court may order one or more of the following to pay the reasonable and necessary fees and expenses of the receivership, including reasonable attorney's 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 § 42-1645(a)(1) .

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(a) The Superior 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 Superior Court may order one or more of the following to pay the reasonable and necessary fees and expenses of the receivership, including reasonable attorney's 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 § 42-1645(a)(1) .

District of Columbia § 42-1660 (Fees and expenses.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.