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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 3903.46 | Discharge of liquidator.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3903 Reserve Valuation; Rehabilitation And Liquidation
 
Effective:
March 7, 1983
Latest Legislation:
House Bill 830 - 114th General Assembly
PDF:
Download Authenticated PDF
 

(A) When all assets justifying the expense of collection and distribution have been collected and distributed under sections 3903.01 to 3903.59 of the Revised Code, the liquidator shall apply to the court for discharge. The court may grant the discharge and make any other orders, including an order to transfer any remaining funds that are uneconomic to distribute, as may be appropriate.

(B) Any other person may apply to the court at any time for an order under division (A) of this section. If the application is denied, the applicant shall pay the costs and expenses of the liquidator in resisting the application, including a reasonable attorney's fee.

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