Montana Statutes

§ 33-2-1373 — Distribution Of Assets

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 2 REGULATION OF INSURANCE COMPANIES·Part 13 Supervision, Rehabilitation, and Liquidation
33-2-1373 . Distribution of assets. 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

En. Sec. 44, Ch. 383, L. 1979.

Nearby Sections

15
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