Iowa Code § 507C.46
Termination of proceedings
Iowa · Iowa Code Chapter 507C — Insurers Supervision, Rehabilitation, and Liquidation · Status: effective
Cite this
- Citation
- Iowa Code § 507C.46, Termination of proceedings, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2263609
- Permanent ID
ys:prov:2263609@1- SHA-256
d30b641f5330e1211606b9a6dfde800c45714b009606fbc898d1ea781b2db951
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
1. When all assets justifying the expense of collection and distribution have been collected and distributed under this chapter, 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 remaining funds that are uneconomical to distribute, as appropriate.
2. Any other person may apply to the court at any time for an order under subsection 1. If the application is denied, the applicant shall pay the costs and expenses of the liquidator in resisting the application including a reasonable attorney fee.