Iowa § 507C.46 Termination of proceedings

Iowa Statutes

§ 507C.46 — Termination of proceedings

Iowa § 507C.46

Title XIIICOMMERCE

Ch. 507CINSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION

This text of Iowa § 507C.46 (Termination of proceedings) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 507C.46 (2026).

Text

1.Whenallassetsjustifyingtheexpenseofcollectionanddistributionhavebeencollected and distributed under this chapter, the liquidator shall apply to the court for discharge. The 33 INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION, §507C.50 court may grant the discharge and make any other orders, including an order to transfer remaining funds that are uneconomical to distribute, as appropriate.

2.Any other person may apply to the court at any time for an order under subsection 1. If the application is denied, the applicant shall pay the costs and expenses of the liquidator in resisting the application including a reasonable attorney fee.

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1. Whenallassetsjustifyingtheexpenseofcollectionanddistributionhavebeencollected
and distributed under this chapter, the liquidator shall apply to the court for discharge. The
33 INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION, §507C.50
court may grant the discharge and make any other orders, including an order to transfer
remaining funds that are uneconomical to distribute, as appropriate.
2. Any other person may apply to the court at any time for an order under subsection 1.
If the application is denied, the applicant shall pay the costs and expenses of the liquidator
in resisting the application including a reasonable attorney fee.