District of Columbia Statutes
§ 31-1344 — Termination of proceedings.
District of Columbia § 31-1344
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 13Insurers Rehabilitation and Liquidation Procedures.
This text of District of Columbia § 31-1344 (Termination of proceedings.) 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 § 31-1344 (2026).
Text
(a)When all assets justifying the expense of collection and distribution have been collected and distributed under this chapter, the liquidator shall apply to the court for discharge. The court may grant the discharge and make any other orders, including an order to transfer any remaining funds that are uneconomic to distribute, deemed appropriate.
(b)Any other person may apply to the court at any time for an order under subsection (a) of this section. If the application is denied, the applicant shall pay the costs and expenses of the liquidator in resisting the application, including a reasonable attorney’s fee.
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Legislative History
Oct. 15, 1993, D.C. Law 10-35, § 45, 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 § 31-1344, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-1344.