Utah Statutes

§ 31A-27a-803 — Reopening liquidation.

Utah·Title 31A Insurance Code·Ch. 31A-27a Insurer Receivership Act·Part 31A-27a-8 Discharge
(1)After a liquidation proceeding is terminated and the liquidator discharged, the commissioner may at any time petition the court that was the receivership court to reopen the proceedings for good cause, including the discovery of additional property.
(2)If the court is satisfied that there is justification for reopening the proceedings, the court shall order the proceedings reopened.

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Legislative History

Enacted by Chapter 309, 2007 General Session

Nearby Sections

15
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