Distribution of assets

R.I. Gen. Laws § 27-14.3-48., under Chapter 27-14.3 Insurers’ Rehabilitation and Liquidation Act.

R.I. Gen. Laws § 27-14.3-48.

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.