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2011 Vermont Code
Title 08 Banking and Insurance
Chapter 209 CONSERVATION, LIQUIDATION AND INSOLVENCY
§ 19407 Expenses; deposits received after petition filed


8 VT Stats § 19407. (2011 through Adj Sess) What's This?

§ 19407. Expenses; deposits received after petition filed

The expense of operation between filing of the petition and final decree shall be apportioned between the original assets and the new assets in such manner as the superior judge may deem just. The deposits received between the filing of the petition and the final decree shall not be reduced by the decree except only to meet those expenses of operation, if any, or losses incurred with respect to those segregated assets. (Added 1999, No. 153 (Adj. Sess.), { 2, eff. Jan. 1, 2001.)

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