D.C. Code § 31-1357
Subordination of claims for noncooperation.
Effective Oct 15, 1993Oct. 15, 1993, D.C. Law 10-35, § 58, 40 DCR 5773
If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in the District any assets within his or her control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under § 31-1340(7).
History
Oct. 15, 1993, D.C. Law 10-35, § 58, 40 DCR 5773
Prior Codifications
1981 Ed., § 35-2857.