West Virginia § 33-10-25 Date rights fixed on liquidation

West Virginia Statutes

§ 33-10-25 — Date rights fixed on liquidation

West Virginia § 33-10-25

Ch. 33Â INSURANCE

Art. 10REHABILITATION AND LIQUIDATION

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Bluebook

W. Va. Code § 33-10-25 (2026).

Text

The rights and liabilities of the insurer and of its creditors, policyholders, stockholders, members, subscribers, and all other persons interested in its estate shall, unless otherwise directed by the court, be fixed as of the date on which the order directing the liquidation of the insurer is entered in the office of the clerk of the court which made the order, subject to the provisions of this article with respect to the rights of claimants holding contingent claims.

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The rights and liabilities of the insurer and of its creditors, policyholders, stockholders, members, subscribers, and all other persons interested in its estate shall, unless otherwise directed by the court, be fixed as of the date on which the order directing the liquidation of the insurer is entered in the office of the clerk of the court which made the order, subject to the provisions of this article with respect to the rights of claimants holding contingent claims.