Idaho Statutes

§ 41-3344 — DISTRIBUTION OF ASSETS

Idaho·Title 41 INSURANCE·Ch. 33 INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION
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

[41-3344, added 1981, ch. 249, sec. 2, p. 534.]

Nearby Sections

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