1. If no deposit is made in accordance with Article [255] or Articles [244] and [245] of this Code, the Garnishee shall, within (7) seven days from service of the notice of garnishment on them, report on the property held to the body that ordered the garnishment, and the report shall state the amount of the debt and the cause or causes, if any, by which it may expire. If the Garnishee has movable assets in their possession they shall attach a detailed statement thereof to their report. 2. If the property garnished is in the hands of the government or a public establishment or body or a bank, the report on the property held shall be by letter sent by the Garnishee entity to the body that ordered the garnishment within the aforesaid period, and shall contain the same particulars as [are required to be set out in] the report. 3. The fact that the Garnishee is not indebted to the Debtor shall not absolve the Garnishee of the duty to make the report on the assets held, in which case the report may be made by a statement to the body that ordered the garnishment, and likewise professional privilege shall not absolve them of the duty to report on assets held.
Interpretation and application must be checked against the official text and current version.