☰ Revisor of Missouri

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 375

< > Effective - 28 Aug 1992 bottom

  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 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 shall be approved by the court.  This section shall be applicable to proceedings instituted before and after August 28, 1991.

­­--------

(L. 1991 H.B. 385, et al. § 93, A.L. 1992 H.B. 1574)


---- end of effective  28 Aug 1992 ----

use this link to bookmark section  375.1222


Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House