---
title: O.C.G.A. § 33-37-24. Time for filing list of assets; reducing assets to liquidity.
collection: code
id: 33-37-24
cite_as: O.C.G.A. § 33-37-24 (2025)
canonical_url: https://georgiacommons.org/code/33-37-24
md_url: https://georgiacommons.org/code/33-37-24.md
text_url: https://georgiacommons.org/code/33-37-24/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t33-ch23-65-(v25)-2020-pdf.pdf?sfvrsn=68297_0#page=753
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/33-37.md
previous: https://georgiacommons.org/code/33-37-23.md
next: https://georgiacommons.org/code/33-37-25.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: INSURANCE / INSURERS REHABILITATION AND LIQUIDATION / PROCEDURE FOR REHABILITATION
---

# O.C.G.A. § 33-37-24. Time for filing list of assets; reducing assets to liquidity.

(a) As soon as practicable after the liquidation order but not later than 120 days thereafter, the liquidator shall prepare in duplicate a list of the insurer’s assets. The list shall be amended or supplemented from time to time as the liquidator may determine. One copy shall be filed in the office of the clerk of the superior court and one copy shall be retained for the liquidator’s files. All amendments and supplements shall be similarly filed.

(b) The liquidator shall reduce the assets to a degree of liquidity that is consistent with the effective execution of the liquidation.

(c) A submission to the court for disbursement of assets in accordance with Code Section 33-37-33 fulfills the requirements of subsection (a) of this Code section.

## History

Code 1981, § 33-37-24, enacted by Ga. L. 1991, p. 1424, § 7.