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The DC Code: § 31-1342 Distribution of assets.

Index31 Insurance and Securities. (Refs & Annos)

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.

Historical and Statutory

Prior Codifications 1981 Ed., § 35-2842. Legislative History of Laws For legislative history of D.C. Law 10-35, see Historical and Statutory Notes following § 31-1301. DC CODE § 31-1342 Current through December 11, 2012

Credits

(Oct. 15, 1993, D.C. Law 10-35, § 43, 40 DCR 5773.)