§ 10-3-538 — Disputed claims

(1) When a claim is denied in whole or in part by
the liquidator, written notice of the determination shall be given to the claimant or
the claimant's attorney by first-class mail at the address shown in the proof of
claim. Within sixty days after the mailing of the notice, the claimant may file
objections with the liquidator. If no such filing is made, the claimant may not further
object to the determination.

(2) Whenever objections are filed with the liquidator and the liquidator does
not alter the denial of the claim as a result of the objections, the liquidator shall ask
the court for a hearing as soon as practicable and give notice of the hearing by
first-class mail to the claimant or the claimant's attorney and to any other persons
directly affected, not less than ten days nor more than thirty days before the date
of the hearing. The matter may be heard by the court or by a court-appointed
referee, who shall submit findings of fact along with a recommendation.

Legislative History

Source: L. 92: Entire part R&RE, p. 1473, � 14, effective July 1.