Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 83-24-87 - Payment of distributions — Mississippi Law | CourtGPT
  1. Home/
  2. Laws/
  3. Mississippi/
  4. Title 83 - Insurance/
  5. Chapter 24 - Insurers Rehabilitation and Liquidation Act/
  6. Section 83-24-87 - Payment of distributions
Mississippi Legal Code

Section 83-24-87 - Payment of distributions

Ask AI about this
Under the direction of the court, the liquidator shall pay distributions 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 liquidator and the creditor and approved by the court.Laws, 1991, ch. 417, § 44, eff. 3/20/1991.