District of Columbia Statutes

§ 31-1357 — Subordination of claims for noncooperation.

District of Columbia § 31-1357
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 13Insurers Rehabilitation and Liquidation Procedures.

This text of District of Columbia § 31-1357 (Subordination of claims for noncooperation.) 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 § 31-1357 (2026).

Text

If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in the District any assets within his or her control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under § 31-1340(7) .

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Legislative History

Oct. 15, 1993, D.C. Law 10-35, § 58, 40 DCR 5773

Nearby Sections

15
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Bluebook (online)
District of Columbia § 31-1357, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-1357.