Title 33, Chapter 18, Section 29
( 33-18-29)
Any dissolution or liquidation of any medical service corporation
subject to this chapter shall be under the supervision of the
Commissioner. In case of dissolution of any medical service
corporation formed under this chapter, claims of certificate holders
of the medical service corporation shall be given priority over all
other claims except the costs of liquidation. Any assets remaining
after satisfaction of all claims of certificate holders and payments
of all costs of liquidation may be used only to carry out the
original purposes for which the medical service corporation was
chartered. |