District of Columbia Statutes

§ 31-1342 — Distribution of assets.

District of Columbia § 31-1342
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 13Insurers Rehabilitation and Liquidation Procedures.

This text of District of Columbia § 31-1342 (Distribution 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 § 31-1342 (2026).

Text

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.

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Legislative History

Oct. 15, 1993, D.C. Law 10-35, § 43, 40 DCR 5773

Nearby Sections

15
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Bluebook (online)
District of Columbia § 31-1342, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-1342.