Section 83: Inventory of assets

83. Inventory of assets (1) The receiver shall, as soon as possible after taking possession, make an inventory of the assets of the financial institution and transmit a copy there of to the Bankruptcy Court. (2) A copy of the inventory shall be available for examination by interested parties at the Bankruptcy Court. (3) The receiver shall, not later than 120 days after his appointment, send by mail, at the address shown on the financial institution’s books, to all B3 – 57 [Issue 7] Banking Act depositors, other creditors, safe deposit box lessees, and the bailors of property held by the financial institution, a statement of the nature and amount for which their claim is shown on the financial institution’s books. (4) The statement shall note that any objection shall be filed with the receiver before a specified date not later than 60 days thereafter and shall invite safe deposit box lessees and bailors to withdraw their property in person. (S. 82 came into operation on 1 June 2007.)