§ 8.01-617. Settlement of accounts of special receivers and specialcommissioners.
Every circuit court, by an order entered of record, shall appoint one of itscommissioners in chancery, who shall hold office at its pleasure, to stateand settle the accounts of all special receivers and of all specialcommissioners holding funds or evidences of debt subject to the order of thecourt.
All special receivers and special commissioners shall, unless their accountshave been previously verified and approved by the court, and ordered to berecorded, with reasonable promptness, and not longer than four months afterany money in their hands should be distributed or at other intervalsspecified by the court, present to such commissioner in chancery an accuratestatement of all receipts and disbursements, duly signed and supported byproper vouchers; and the commissioner in chancery shall examine and verifythe same, and attach his certificate thereto approving it, if it is correct,or stating any errors or inaccuracies therein, and file same in the cause inwhich the special receiver or special commissioner was appointed, and presentthe same to the court.
The court may at any time appoint any of its other commissioners in chanceryto perform the duties herein required in any case in which the regularcommissioner in chancery appointed hereunder is himself the special receiveror special commissioner whose accounts are to be settled.
For his services performed hereunder the commissioner in chancery shallreceive such compensation as the court allows, to be paid out of the fund inthe hands of the special receiver or special commissioner.
If any special receiver or special commissioner fails to make settlement asherein required within the time herein provided, he shall forfeit hiscompensation, or so much thereof as the court orders.
The court may order its general receiver also to state and settle hisaccounts in the manner herein provided. When a general receiver settles hisaccounts before a commissioner of accounts or commissioner in chancery, feescharged by the commissioner are to be reasonable but may not exceed $100 pergeneral receiver settlement or $1 per disbursement made by the generalreceiver as reflected in the settlement, whichever is greater.
§ 8.01-617. Settlement of accounts of special receivers and specialcommissioners.
Every circuit court, by an order entered of record, shall appoint one of itscommissioners in chancery, who shall hold office at its pleasure, to stateand settle the accounts of all special receivers and of all specialcommissioners holding funds or evidences of debt subject to the order of thecourt.
All special receivers and special commissioners shall, unless their accountshave been previously verified and approved by the court, and ordered to berecorded, with reasonable promptness, and not longer than four months afterany money in their hands should be distributed or at other intervalsspecified by the court, present to such commissioner in chancery an accuratestatement of all receipts and disbursements, duly signed and supported byproper vouchers; and the commissioner in chancery shall examine and verifythe same, and attach his certificate thereto approving it, if it is correct,or stating any errors or inaccuracies therein, and file same in the cause inwhich the special receiver or special commissioner was appointed, and presentthe same to the court.
The court may at any time appoint any of its other commissioners in chanceryto perform the duties herein required in any case in which the regularcommissioner in chancery appointed hereunder is himself the special receiveror special commissioner whose accounts are to be settled.
For his services performed hereunder the commissioner in chancery shallreceive such compensation as the court allows, to be paid out of the fund inthe hands of the special receiver or special commissioner.
If any special receiver or special commissioner fails to make settlement asherein required within the time herein provided, he shall forfeit hiscompensation, or so much thereof as the court orders.
The court may order its general receiver also to state and settle hisaccounts in the manner herein provided. When a general receiver settles hisaccounts before a commissioner of accounts or commissioner in chancery, feescharged by the commissioner are to be reasonable but may not exceed $100 pergeneral receiver settlement or $1 per disbursement made by the generalreceiver as reflected in the settlement, whichever is greater.
§ 8.01-617. Settlement of accounts of special receivers and specialcommissioners.
Every circuit court, by an order entered of record, shall appoint one of itscommissioners in chancery, who shall hold office at its pleasure, to stateand settle the accounts of all special receivers and of all specialcommissioners holding funds or evidences of debt subject to the order of thecourt.
All special receivers and special commissioners shall, unless their accountshave been previously verified and approved by the court, and ordered to berecorded, with reasonable promptness, and not longer than four months afterany money in their hands should be distributed or at other intervalsspecified by the court, present to such commissioner in chancery an accuratestatement of all receipts and disbursements, duly signed and supported byproper vouchers; and the commissioner in chancery shall examine and verifythe same, and attach his certificate thereto approving it, if it is correct,or stating any errors or inaccuracies therein, and file same in the cause inwhich the special receiver or special commissioner was appointed, and presentthe same to the court.
The court may at any time appoint any of its other commissioners in chanceryto perform the duties herein required in any case in which the regularcommissioner in chancery appointed hereunder is himself the special receiveror special commissioner whose accounts are to be settled.
For his services performed hereunder the commissioner in chancery shallreceive such compensation as the court allows, to be paid out of the fund inthe hands of the special receiver or special commissioner.
If any special receiver or special commissioner fails to make settlement asherein required within the time herein provided, he shall forfeit hiscompensation, or so much thereof as the court orders.
The court may order its general receiver also to state and settle hisaccounts in the manner herein provided. When a general receiver settles hisaccounts before a commissioner of accounts or commissioner in chancery, feescharged by the commissioner are to be reasonable but may not exceed $100 pergeneral receiver settlement or $1 per disbursement made by the generalreceiver as reflected in the settlement, whichever is greater.
