District of Columbia Statutes
§ 31-1323 — Collection and list of assets.
District of Columbia § 31-1323
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 13Insurers Rehabilitation and Liquidation Procedures.
This text of District of Columbia § 31-1323 (Collection and list of assets.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 31-1323 (2026).
Text
(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.
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Legislative History
Oct. 15, 1993, D.C. Law 10-35, § 24, 40 DCR 5773
Nearby Sections
15
§ 31-1001
Report requirement.§ 31-1004
Confidentiality.§ 31-101
Definitions.§ 31-103
Functions and duties.§ 31-105
Transfers.§ 31-106
Organization.§ 31-106.01
Student Loan Ombudsman.§ 31-106.02a
Prohibited conduct – student loan servicers.§ 31-106.02b
Affirmative duties – student loan servicers.§ 31-106.02c
Prohibited acts – private education lenders.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 31-1323, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-1323.