Rhode Island § 27-14.3-48 § 27-14.3-48. Distribution of assets.

Rhode Island Statutes

§ 27-14.3-48 — § 27-14.3-48. Distribution of assets.

Rhode Island § 27-14.3-48

Title 27Insurance

Ch. 27-14.3Insurersâ€™ Rehabilitation and Liquidation Act

This text of Rhode Island § 27-14.3-48 (§ 27-14.3-48. Distribution of assets.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 27-14.3-48 (2026).

Text

§ 27-14.3-48. 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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§ 27-14.3-48. 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.