Cal. Ins. Code § 1019

Current through the 2024 Legislative Session.
Section 1019 - Rights and liabilities fixed as of date of issuance of order of liquidation

Upon the issuance of an order of liquidation under section 1016, the rights and liabilities of any such person and of creditors, policyholders, shareholders and members, and all other persons interested in its assets, including the State of California, shall, unless otherwise directed by the court, be fixed as of the date of the entry of the order in the office of the clerk of the county wherein the application was made.

Ca. Ins. Code § 1019

Amended by Stats. 1939, Ch. 934.