Georgia Statutes

§ 33-37-45 — Liquidator's application for discharge

Georgia·Title 33
(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 as may be deemed appropriate.
(b)Any other person may apply to the court at any time for an order under subsection (a) of this Code 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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Related

Heritage Insurance Co. of America v. Evans
421 S.E.2d 534 (Court of Appeals of Georgia, 1992)
1 case citations

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