Section 375.1226 – Reopening of proceedings, when.
Effective – 28 Aug 1992 375.1226. Reopening of proceedings, when. — After the liquidation proceeding has been terminated and the liquidator discharged, the director or other interested party may at any time petition the court to reopen the proceedings for good cause, including the discovery of additional assets. If the court is satisfied that there […]
Section 375.1228 – Records may be destroyed after discharge, exceptions.
Effective – 28 Aug 1991 375.1228. Records may be destroyed after discharge, exceptions. — 1. Whenever it shall appear to the director that the records of any insurer after discharge of the liquidator are no longer useful, he may, after complying with sections 109.200 to 109.310, recommend to the court and the court shall direct […]
Section 375.1230 – Audit of receivership may be ordered, when.
Effective – 28 Aug 1991 375.1230. Audit of receivership may be ordered, when. — The court may, as it deems desirable, cause audits to be made of the books of the receiver relating to any receivership established under sections 375.1150 to 375.1246, and a report of each audit shall be filed with the receiver and […]
Section 375.1232 – Foreign insurers, director may petition to act as conservator, procedures — court may issue order — termination of conservatorship, application for.
Effective – 28 Aug 1991 375.1232. Foreign insurers, director may petition to act as conservator, procedures — court may issue order — termination of conservatorship, application for. — 1. If a domiciliary liquidator has not been appointed, the director may apply to the circuit court of Cole County by verified petition for an order directing […]
Section 375.1234 – Foreign insurers, petition to liquidate assets, grounds — granted when — effects.
Effective – 28 Aug 1991 375.1234. Foreign insurers, petition to liquidate assets, grounds — granted when — effects. — 1. If no domiciliary receiver has been appointed, the director may apply to the circuit court of Cole County by verified petition for an order directing him to liquidate the assets found in this state of […]
Section 375.1235 – Reciprocal state, powers and duties of domiciliary liquidator — nonreciprocal state, duties of director — claims filed, where.
Effective – 28 Aug 1991 375.1235. Reciprocal state, powers and duties of domiciliary liquidator — nonreciprocal state, duties of director — claims filed, where. — 1. The domiciliary liquidator of an insurer domiciled in a reciprocal state shall, except as to the special deposits and security on secured claims under subsection 3 of section 375.1236, […]
Section 375.1220 – Claim disputes — duty of liquidator — estimates allowed, when — commutation and release.
Effective – 28 Aug 2004 375.1220. Claim disputes — duty of liquidator — estimates allowed, when — commutation and release. — 1. The liquidator shall review all claims duly filed in the liquidation and shall make such further investigation as the liquidator shall deem necessary. The liquidator may compound, compromise or in any other manner […]
Section 375.1222 – Payment of claims — duties of liquidator.
Effective – 28 Aug 1992 375.1222. Payment of claims — duties of liquidator. — Under the direction of the court, the liquidator shall pay distributions in a manner that will assure the proper recognition of the priorities and a reasonable balance between the expeditious completion of the liquidation and the protection of unliquidated and undetermined […]
Section 375.1224 – Unclaimed funds, deemed unclaimed property — effect.
Effective – 28 Aug 1992 375.1224. Unclaimed funds, deemed unclaimed property — effect. — 1. All unclaimed funds subject to distribution remaining in the liquidator’s hands when he is ready to apply to the court for discharge, including the amount distributable to any creditor, shareholder, member or other person who is unknown or cannot be […]
Section 375.1205 – Distribution of assets, liquidator shall apply for, when — contents — notice provisions.
Effective – 28 Aug 1999 375.1205. Distribution of assets, liquidator shall apply for, when — contents — notice provisions. — 1. Within one year of a final order of liquidation of an insurer by a court of competent jurisdiction of this state, the liquidator shall make application to the court for approval of a proposal […]