Sec. 38a-927. (Formerly Sec. 38-445). List of assets.
Sec. 38a-927. (Formerly Sec. 38-445). List of assets. (a) As soon as practicable
after the liquidation order but not later than one hundred twenty days thereafter, the
liquidator shall prepare in duplicate a list of the insurer's assets. The list shall be amended
or supplemented from time to time as the liquidator may determine. One copy shall be
filed in the office of the clerk of the Superior Court and one copy shall be retained for
the liquidator's files. All amendments and supplements shall be similarly filed.
(b) The liquidator shall reduce the assets to a degree of liquidity that is consistent
with the effective execution of the liquidation.
(c) A submission to the court for disbursement of assets in accordance with section
38a-936 fulfills the requirements of subsection (a) of this section.
(P.A. 79-382, S. 25.)
History: Sec. 38-445 transferred to Sec. 38a-927 in 1991.