Vermont § 7082 - Liquidator’s recommendations to the court
Full text of Vermont Vermont Statutes Online § 7082 — Liquidator’s recommendations to the court, with citation guidance and answers to common questions.
§ 7082. Liquidator’s recommendations to the court
- (a) The liquidator shall review all claims duly filed in the liquidation and shall make
such further investigation as he or she shall deem necessary. He or she may compound,
compromise, or in any other manner negotiate the amount for which claims will be recommended
to the court except where the liquidator is required by law to accept claims as settled
by any person or organization, including any guaranty association or foreign guaranty
association. Unresolved disputes shall be determined under section 7078 of this title. As soon as practicable, the liquidator shall present to the court a report of the
claims against the insurer with recommendations. The report shall include the name
and address of each claimant and the amount of the claim finally recommended, if any.
If the insurer has issued annuities or life insurance policies, the liquidator shall
report the persons to whom, according to the records of the insurer, amounts are owed
as cash surrender values or other investment value and the amounts owed. (b) The court may approve, disapprove, or modify the report on claims by the liquidator.
Reports that are not modified by the court within a period of 60 days following submission
by the liquidator shall be treated by the liquidator as allowed claims, subject to
later modification or to rulings made by the court pursuant to section 7078 of this title. No claim under a policy of insurance shall be allowed for an amount in excess of
the applicable policy limits. (Added 1991, No. 45, § 2, eff. May 29, 1991.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 7082
What does Vermont Statutes Online § 7082 cover?
Section 7082 ("Liquidator’s recommendations to the court") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 7082?
A common citation format is "Vermont Statutes Online § 7082" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 7082 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.