During the pendency in this or any other state of a liquidation proceeding, whether called by that name or not, no action or proceeding in the nature of an attachment, garnishment, or levy of execution shall be commenced or maintained in this state against the delinquent insurer or its assets.
History. Code 1981, § 33-37-56 , enacted by Ga. L. 1991, p. 1424, § 7.
Structure Georgia Code
Chapter 37 - Insurers Rehabilitation and Liquidation
Article 4 - Liquidation Proceedings
§ 33-37-49. Commissioner Appointed as Conservator of Alien or Foreign Insurer’s Property; Grounds
§ 33-37-50. Commissioner Appointed as Liquidator of Foreign or Alien Insurer’s Assets; Grounds
§ 33-37-51. Title to Property of Insurer Domiciled in Another State; Rights of Resident Claimants
§ 33-37-52. Commissioner as Ancillary Receiver for Insurer Not Domiciled in This State
§ 33-37-54. Rights of Nonresident Claimants in Proceeding Against Domiciliary Insurer
§ 33-37-56. Stay of Proceedings During Pendency of Liquidation Proceeding
§ 33-37-58. Failure of Ancillary Receiver to Transfer Assets