Public-domain · open source
OpenJurist

Iowa Code § 507C.47

Reopening liquidation

Known as the Insurers Supervision, Rehabilitation, and Liquidation Act

The act spans §§ 507–507 (63 sections).

At any time after the liquidation proceeding has been terminated and the liquidator discharged, the commissioner or other interested party may petition the court to reopen the proceedings for good cause including the discovery of additional assets. The court shall order the proceeding reopened if it is satisfied that there is justification for the reopening.

84 Acts, ch 1175, §47

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.