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Section 23-68-124 - Date of rights and liabilities upon liquidation — Arkansas Law | CourtGPT
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  4. Title 23 - Public Utilities and Regulated Industries (§§ 23-1-101 — 23-119-105)/
  5. Subtitle 3 - Insurance/
  6. Chapter 68 - Rehabilitation and Liquidation of Insurance Companies/
  7. Section 23-68-124 - Date of rights and liabilities upon liquidation
Arkansas Legal Code

Section 23-68-124 - Date of rights and liabilities upon liquidation

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The rights and liabilities of the insurer and of its creditors, policyholders, stockholders, members, subscribers, and all other persons interested in its estate shall, unless otherwise directed by the court, be fixed as of the date on which the order directing the liquidation of the insurer is filed in the office of the clerk of the court which made the order, subject to the provisions of this chapter with respect to the rights of claimants holding contingent claims.Acts 1959, No. 148, § 662; A.S.A. 1947, § 66-4825.