There is a newer version
of
this Section
2019 Connecticut General Statutes
Title 38a - Insurance
Chapter 704c - Insurers Rehabilitation and Liquidation Act and Termination of Domestic Life Insurance Companies
Section 38a-946 - (Formerly Sec. 38-464). Distribution of assets.
Universal Citation: CT Gen Stat § 38a-946 (2019)
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.
(P.A. 79-382, S. 44.)
History: Sec. 38-464 transferred to Sec. 38a-946 in 1991.
Disclaimer: These codes may not be the most recent version. Connecticut may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
