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.

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Terms Used In Nebraska Statutes 44-4844

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.