Reopening Liquidation Proceedings

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After the liquidation proceeding has been terminated and the liquidator discharged, the Commissioner or other interested party may at any time petition the superior court to reopen the proceedings for good cause, including the discovery of additional assets.If the court is satisfied that there is justification for reopening, it shall so order.

(Code 1981, §33-37-46, enacted by Ga. L. 1991, p. 1424, § 7.)

Law reviews.

- For note, "Misrepresentations and Nondisclosures in the Insurance Application," see 13 Ga. L. Rev. 876 (1979).

RESEARCH REFERENCES

Am. Jur. 2d.

- 43 Am. Jur. 2d, Insurance, § 93 et seq.

C.J.S.

- 44 C.J.S., Insurance, § 245 et seq.


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