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DISTRICT OF COLUMBIA STATUTES AND CODES

Section 31-1342 - Distribution of assets

Distribution of assets

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.

CREDIT(S)

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

HISTORICAL AND STATUTORY NOTES

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.

Current through September 13, 2012

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