Reopening Liquidation

Act 285 of 1921, § 549, under "INSURANCE DEPARTMENT ACT OF 1921, THE".

Act 285 of 1921, § 549

Section 549. Reopening Liquidation.--After the liquidation proceeding has been terminated and the liquidator discharged, the commissioner or other interested party may at any time petition the Commonwealth Court to reopen the proceedings for good cause, including the discovery of additional assets. If the court is satisfied that there is justification for reopening, it shall so order.

(549 added Dec. 14, 1977, P.L.280, No.92)