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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 31-1323: Collection and list of assets.

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Where this section sits in the code
  1. Title 31. Insurance and Securities.
  2. Chapter 13. Insurers Rehabilitation and Liquidation Procedures.

(a)

As soon as practicable after the liquidation order, but not later than 120 days thereafter, the liquidator shall prepare in duplicate a list of the insurer’s assets. The list shall be amended or supplemented from time to time as the liquidator may determine. One copy shall be filed in the office of the Clerk of the Superior Court of the District of Columbia, and 1 copy shall be retained for the liquidator’s files. All amendments and supplements shall be similarly filed.

(b)

The liquidator shall reduce the assets to a degree of liquidity that is consistent with the effective execution of the liquidation.

(c)

A submission to the court for disbursement of assets in accordance with § 31-1332 fulfills the requirements of subsection (a) of this section.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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