Article 720 — Powers and Duties of the Trustee in Bankruptcy

1/ The trustee in bankruptcy shall have the following powers and duties: a) be responsible for the administration of the bankrupt estate under the supervision of the supervisory judge in accordance with the provisions of Articles 742 to 746 of this Code; b) receive information enabling him to know the exact position of the debtor’s estate from public authorities, social security institutions, credit institutions and other institutions; c) prepare, with the assistance of the debtor, the inventory of the estate in accordance with the provisions under Articles 735 to 741 of this Code; d) recommend to the supervisory judge the admission or rejection of pre-insolvency claims; e) deposit, without delay, in a bank account opened in the name of the estate any fund received, less the amounts determined by the supervisory judge in bankruptcy proceedings to meet legal costs and management expenses; f) file a report with the court within thirty days after the termination of his services, or, at the latest, within thirty days after the termination of the proceedings. 2/ The trustee in bankruptcy may not assign his functions but may, with the authorization of the supervisory judge, delegate them to independent experts in respect of isolated transactions.