Iowa Code 507C.44 – Distribution of assets
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Iowa Code 507C.44
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
507C.44 Distribution of assets.
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.
84 Acts, ch 1175, §44
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.
84 Acts, ch 1175, §44