2006 Utah Code - 31A-27-339 — Termination of proceedings.

     31A-27-339.   Termination of proceedings.
     (1) When all assets justifying the expense of collection and distribution have been collected and distributed under this chapter, the liquidator shall apply to the court for discharge. The court may grant the discharge and make any other appropriate orders, including orders to transfer to the state treasury for the Uniform School Fund any remaining funds that are uneconomical to distribute and orders to abandon property that is inconsequential or burdensome to the estate.
     (2) Any other person may apply to the court at any time for an order under Subsection (1). If the application is denied, the applicant shall pay the costs and expenses of the liquidator in resisting the application, including a reasonable attorney's fee.

Amended by Chapter 204, 1986 General Session