33-2-1373: Distribution of assets.
Where this section sits in the code
- TITLE 33. INSURANCE AND INSURANCE COMPANIES
- CHAPTER 2. REGULATION OF INSURANCE COMPANIES
- Part 13. Supervision, Rehabilitation, and Liquidation
Under the direction of the court, the liquidator shall pay distributions in a manner that will assure the proper recognition of priorities and a reasonable balance between the expeditious completion of the liquidation and the protection of unliquidated and undetermined claims, including third-party claims. Distribution of assets in kind may be made at valuations set by agreement between the liquidator and the creditor and approved by the court.
Collected 2026-09-14T04:52:17Z. Source file · JSON