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Rule 2010. QUALIFICATION BY TRUSTEE; PROCEEDING ON BOND [SO 7/31/90]

2010-1. TRUSTEE'S REIMBURSEMENT OF BLANKET BOND PREMIUMS:

A. The trustee shall issue one check or money order for the entire bond premium and provide a copy of that check to the Office of the United States Trustee.

B. The trustee may be reimbursed from that trustee's estates pending on the date of issuance of the premium check, at the bond premium rate, or, C. In the alternative, the trustee may allocate the premium paid pro rata to those cases comprising the substantial majority (in dollar amount) of assets under the trustees administration on the date of issuance of the premium check. The trustee shall issue reimbursement checks from the individual estates according to their pro rata share.

D. In no event shall the aggregate amount of the reimbursement checks exceed the amount of the premium paid.