(a) The trustees in dissolution of a domestic stock insurer under ยง 23-69-151, after payment of all special and general liens upon the funds of the corporation to the extent of their lawful priority, shall pay the other debts due from the corporation.
(b) After allowing for such expenses of distribution as may be reasonable, the trustees shall distribute the remaining assets of the corporation among its stockholders as entitled thereto.
Section: Previous 23-69-143 23-69-144 23-69-145 23-69-146 23-69-147 23-69-148 23-69-149 23-69-150 23-69-151 23-69-152 23-69-153 23-69-154 23-69-155 23-69-156 NextLast modified: November 15, 2016