Section 21.78.294. Distribution of assets.

Latest version.

Under the direction of the court, the receiver shall distribute assets in a manner that will assure the proper recognition of priorities and a reasonable balance between the expeditious completion of the liquidation and the protection of unliquidated and undetermined claims, including third-party claims.  Distribution of assets in kind may be made at valuations set by agreement between the receiver and the creditor, and approved by the court.

Authorities

21.79.110

Notes

References

AS 21.79.110 Miscellaneous provisions.

History

(Sec. 80 ch 50 SLA 1990)

                    
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