Obligations of liquidator subsequent to entry of liquidation order.

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58-29B-50.1. Obligations of liquidator subsequent to entry of liquidation order.

Notwithstanding the powers of the liquidator as stated in §§58-29B-47 and 58-29B-50, the liquidator has no obligation to defend claims or to continue to defend claims subsequent to the entry of a liquidation order.

Source: SL 1992, ch 351, §8.


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