CHAPTER 33.  INSURANCE.

ARTICLE 10. REHABILITATION AND LIQUIDATION.

§33-10-9. Grounds for ancillary liquidation of foreign insurers.

The commissioner may apply to the court for an order appointing him as ancillary receiver of and directing him to liquidate the business of a foreign insurer having assets, business, or claims in this state upon the appointment in the domiciliary state of such insurer of a receiver, liquidator, conservator, rehabilitator or other officer by whatever name called for the purpose of liquidating the business of such insurer.

Bill History For §33-10-9

1957 Regular Session
House Bill 126