58-29B-88. Liquidator's report to court--Time limit--Content.
As soon as practicable, but not more than two years from the date of an order of liquidation under §§58-29B-41 to 58-29B-45, inclusive, of an insurer issuing assessable policies, the liquidator shall make a report to the court setting forth:
(1)The reasonable value of the assets of the insurer;
(2)The insurer's probable total liabilities;
(3)The probable aggregate amount of the assessment necessary to pay all claims of creditors and expenses in full, including expenses of administration and costs of collecting the assessment; and
(4)A recommendation as to whether or not an assessment should be made and in what amount.
Source: SL 1989, ch 436, §88.