Report for assessment

22 V.I.C. § 1281 — under Mergers, Rehabilitation, Liquidation.

22 V.I.C. § 1281

(1) Within three years from the date an order of rehabilitation or liquidation of a domestic mutual insurer was filed in the office of the clerk of the court by which such order was made, the Commissioner may make a report to the court setting forth—(1) the reasonable value of the assets of the insurer;(2) the insurer's probable liabilities; and(3) the probable necessary assessment, if any, to pay all claims and expenses in full, including expenses of administration.

(1) the reasonable value of the assets of the insurer;

(2) the insurer's probable liabilities; and

(3) the probable necessary assessment, if any, to pay all claims and expenses in full, including expenses of administration.