44-4859. Subordination of claims for noncooperation.
79 words·~1 min read·
/ne/chapter-44/44-4859A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state any assets within his or her control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under subdivision
(8)of section 44-4842 .