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.
Idaho Code § 41-3344
Distribution of assets
Known as the Idaho Insurers Supervision, Rehabilitation, and Liquidation Act
The act spans §§ 41–41 (60 sections).
I.C., § 41-3344, as added by 1981, ch. 249, § 2, p. 502.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.