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2017 Alaska Statutes
Title 21. Insurance
Chapter 78. Rehabilitation and Liquidation
Sec. 21.78.296. Termination of proceedings.
Universal Citation: AK Stat § 21.78.296 (2017)
(a) When all assets justifying the expense of collection and distribution have been collected and distributed under this chapter, the receiver shall apply to the court for discharge. The court may grant the discharge and make additional orders the court considers appropriate.
(b) Any other person may apply to the court at any time for an order under (a) of this section. If the application is denied, the applicant shall pay the receiver's costs and expenses incurred in resisting the application, including a reasonable attorney fee.
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