Iowa Code (Last Updated: December 05, 2016) |
Title XIII. COMMERCE |
Chapter 507C. INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION |
Section 507C.44. Distribution of assets.
Latest version.
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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.