All proceedings in which the insolvent insurer is a party in any court in this State shall be stayed 180 days from the date an order of liquidation, rehabilitation or conservation is final to permit proper legal action by the Association on any matters germane to its powers or duties. As to judgment under any decision, order, verdict or finding based on default the Association may apply to have such judgment set aside by the same court that made such judgment and shall be permitted to defend against such suit on the merits.
Structure Delaware Code
Chapter 44. DELAWARE LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT
§ 4403. Coverage and limitations.
§ 4406. Delaware Life and Health Insurance Guaranty Association — Created; accounts; supervision.
§ 4407. Delaware Life and Health Insurance Guaranty Association — Board of Directors.
§ 4408. Powers and duties of the Association.
§ 4411. Duties and powers of Commissioner.
§ 4412. Detection and prevention of insolvencies.
§ 4413. Credits for assessments paid.
§ 4415. Annual reports by Board.
§ 4416. Tax status of Association.