§431:15-336 Termination of proceedings. (a) When all assets justifying the expense of collection and distribution have been collected and distributed under this article, 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 deemed appropriate.
(b) Any other person may apply to the court at any time for an order under subsection (a). 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. [L 1987, c 347, pt of §2]
Section: Previous 431-15-329 431-15-330 431-15-331 431-15-332 431-15-333 431-15-334 431-15-335 431-15-336 431-15-337 431-15-338 431-15-401 431-15-402 431-15-403 431-15-404 431-15-405 NextLast modified: October 27, 2016