SUBORDINATION OF CLAIMS FOR NONCOOPERATION.

Checkout our iOS App for a better way to browser and research.

41-3359. SUBORDINATION OF CLAIMS FOR NONCOOPERATION. If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state any assets within his control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under section 41-3342(7), Idaho Code.

History:

[41-3359, added 1981, ch. 249, sec. 2, p. 540.]


Download our app to see the most-to-date content.