D.C. Code § 31-1342

Current through codified legislation effective September 18, 2024
Section 31-1342 - 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.

D.C. Code § 31-1342

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