Reported by CommitteeFiled Feb 17, 2026
Sponsor: Tyler Paul Smith
Latest Action
House Committee Favorably Reported By Substitute
Feb 24, 2026
Summary
The measure sets maximum percentages that receivers and the lawyers who obtain their appointment can be paid from the assets they manage. It limits receiver compensation on a sliding scale and caps total fees at 5% of the assets, protecting creditors and preserving estate value.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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