54-10-9. Value of security, determination by litigation--Redemption of assets by liquidator.
43 words·~1 min read·
/sd/title-54/chapter-54-10/54-10-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Under the circumstances described by § 54-10-7 , the court may order the value of the security determined by litigation, through proceedings in the liquidation proceeding. The liquidator may redeem such assets by paying the value so determined, if authorized by the court.