(A) When all assets justifying the expense of collection and distribution have been collected and distributed under sections 3903.01 to 3903.59 of the Revised Code, 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 appropriate.
(B) Any other person may apply to the court at any time for an order under division (A) of this section. 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.
Effective Date: 03-07-1983
Section: Previous 3903.40 3903.41 3903.42 3903.421 3903.43 3903.44 3903.45 3903.46 3903.47 3903.48 3903.49 3903.50 3903.51 3903.52 3903.53 NextLast modified: October 10, 2016