After the liquidation proceeding has been terminated and the liquidator discharged, the Commissioner or other interested party may at any time petition the superior court to reopen the proceedings for good cause, including the discovery of additional assets. If the court is satisfied that there is justification for reopening, it shall so order.
History. Code 1981, § 33-37-46 , enacted by Ga. L. 1991, p. 1424, § 7.
Law reviews.
For note, “Misrepresentations and Nondisclosures in the Insurance Application,” see 13 Ga. L. Rev. 876 (1979).
Structure Georgia Code
Chapter 37 - Insurers Rehabilitation and Liquidation
Article 3 - Procedure for Rehabilitation
§ 33-37-11. Petition for Rehabilitation; Grounds
§ 33-37-12. Order to Rehabilitate; Commissioner to Be Appointed as Rehabilitator; Effect of Order
§ 33-37-13. Authority of Rehabilitator; Additional Remedies; Rehabilitation Plan
§ 33-37-16. Grounds for Order of Liquidation
§ 33-37-18. Termination of Policy Coverage
§ 33-37-19. Petition for Dissolution of Corporate Existence
§ 33-37-20. Powers of Liquidator
§ 33-37-21. Notice of Liquidation
§ 33-37-22. Responsibility of Agent to Provide Information; Penalty for Violation
§ 33-37-24. Time for Filing List of Assets; Reducing Assets to Liquidity
§ 33-37-25. Fraudulent Transfers or Obligations Incurred; Avoidance
§ 33-37-28. Disallowing Preferred Creditor’s Claims
§ 33-37-29. Mutual Debts and Credits
§ 33-37-31. Liability of Reinsurers
§ 33-37-33. Application for Approval of Proposal to Disburse Assets; Notice
§ 33-37-34. Proof of Claims; Late Filing
§ 33-37-36. Third-Party Contingent Claim; Claims Due in Future; Claims Under Employment Contracts
§ 33-37-37. Third-Party Claim Against Insured
§ 33-37-38. Procedure When Claim Denied
§ 33-37-39. When Third Person Subrogated to Rights of Creditor
§ 33-37-40. Determining Value of Security Held by Secured Creditor
§ 33-37-41. Priority of Distribution of Claims
§ 33-37-42. Authority of Liquidator to Compound, Compromise, or Negotiate Claims; Report to Court
§ 33-37-43. Payment of Distributions
§ 33-37-44. Disposition of Unclaimed Funds Subject to Distribution
§ 33-37-45. Liquidator’s Application for Discharge
§ 33-37-46. Reopening Liquidation Proceedings