Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
60B.29 COLLECTION AND LIST OF ASSETS.
Subdivision 1. List of assets required. As soon as practicable after the liquidation order,
the liquidator shall prepare in duplicate a list of the insurer's assets. The list shall be amended or
supplemented as the court requires. One copy shall be filed in the office of the court administrator
of the court having jurisdiction over the liquidation proceedings and one copy shall be retained for
the liquidator's files. All amendments and supplements shall be similarly filed.
Subd. 2. Liquidation of assets. The liquidator shall reduce the assets to a degree of liquidity
that is consistent with the effective execution of the liquidation as rapidly and economically
as the liquidator can.
History: 1969 c 708 s 29; 1986 c 444; 1Sp1986 c 3 art 1 s 82
Subdivision 1. List of assets required. As soon as practicable after the liquidation order,
the liquidator shall prepare in duplicate a list of the insurer's assets. The list shall be amended or
supplemented as the court requires. One copy shall be filed in the office of the court administrator
of the court having jurisdiction over the liquidation proceedings and one copy shall be retained for
the liquidator's files. All amendments and supplements shall be similarly filed.
Subd. 2. Liquidation of assets. The liquidator shall reduce the assets to a degree of liquidity
that is consistent with the effective execution of the liquidation as rapidly and economically
as the liquidator can.
History: 1969 c 708 s 29; 1986 c 444; 1Sp1986 c 3 art 1 s 82
Official Publication of the State of Minnesota
Revisor of Statutes