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

D.C. Code § 31-1357: Subordination of claims for noncooperation.

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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.

If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in the District any assets within his or her control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under § 31-1340(7).

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

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