Ohio Revised Code (Last Updated: January 27, 2016) |
Title 39. XXXIX INSURANCE |
Chapter 3903. RESERVE VALUATION; REHABILITATION AND LIQUIDATION |
Section 3903.44. Court payment of distributions
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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.
Effective Date: 03-07-1983