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Section 41-3301 - CONSTRUCTION AND PURPOSE. - 41-3301. CONSTRUCTION AND PURPOSE. (1) This act shall be cited...
Section 41-3302 - PERSONS COVERED. - 41-3302. PERSONS COVERED. The proceedings authorized by this act may...
Section 41-3303 - DEFINITIONS. - 41-3303. DEFINITIONS. For the purposes of this act: (1) "Ancillary...
Section 41-3304 - JURISDICTION AND VENUE. - 41-3304. JURISDICTION AND VENUE. (1) No delinquency proceeding shall be...
Section 41-3305 - INJUNCTIONS AND ORDERS. - 41-3305. INJUNCTIONS AND ORDERS. (1) Any receiver appointed in a...
Section 41-3306 - COOPERATIONS OF OFFICERS, OWNERS, AND EMPLOYEES. - 41-3306. COOPERATIONS OF OFFICERS, OWNERS, AND EMPLOYEES. (1) Any officer,...
Section 41-3307 - BONDS. - 41-3307. BONDS. In any proceeding under this act, the director...
Section 41-3308 - CONTINUATION OF DELINQUENCY PROCEEDINGS. - 41-3308. CONTINUATION OF DELINQUENCY PROCEEDINGS. Every proceeding heretofore commenced under...
Section 41-3309 - DIRECTOR’S SUMMARY ORDERS AND SUPERVISION PROCEEDINGS. - 41-3309. DIRECTOR’S SUMMARY ORDERS AND SUPERVISION PROCEEDINGS. (1) Whenever the...
Section 41-3310 - COURT’S SEIZURE ORDER. - 41-3310. COURT’S SEIZURE ORDER. (1) The director may file in...
Section 41-3311 - HEARINGS. - 41-3311. HEARINGS. In all proceedings and judicial reviews thereof under...
Section 41-3312 - GROUNDS FOR REHABILITATION. - 41-3312. GROUNDS FOR REHABILITATION. The director may apply by petition...
Section 41-3313 - REHABILITATION ORDERS. - 41-3313. REHABILITATION ORDERS. (1) An order to rehabilitate the business...
Section 41-3314 - POWERS AND DUTIES OF THE REHABILITATOR. - 41-3314. POWERS AND DUTIES OF THE REHABILITATOR. (1) The director...
Section 41-3315 - ACTIONS BY AND AGAINST REHABILITATOR. - 41-3315. ACTIONS BY AND AGAINST REHABILITATOR. (1) Any court in...
Section 41-3316 - TERMINATION OF REHABILITATION. - 41-3316. TERMINATION OF REHABILITATION. (1) Whenever the director believes further...
Section 41-3317 - GROUNDS FOR LIQUIDATION. - 41-3317. GROUNDS FOR LIQUIDATION. The director may petition the district...
Section 41-3318 - LIQUIDATION ORDERS. - 41-3318. LIQUIDATION ORDERS. (1) An order to liquidate the business...
Section 41-3319 - CONTINUANCE OF COVERAGE. - 41-3319. CONTINUANCE OF COVERAGE. (1) All policies, other than life...
Section 41-3320 - INSURER — DISSOLUTION. - 41-3320. INSURER — DISSOLUTION. The director may petition for an...
Section 41-3321 - POWERS OF LIQUIDATOR. - 41-3321. POWERS OF LIQUIDATOR. (1) The liquidator shall have the...
Section 41-3322 - NOTICE TO CREDITORS AND OTHERS. - 41-3322. NOTICE TO CREDITORS AND OTHERS. (1) Unless the court...
Section 41-3323 - DUTIES OF AGENTS. - 41-3323. DUTIES OF AGENTS. (1) Every person who receives notice...
Section 41-3324 - ACTIONS BY AND AGAINST LIQUIDATOR. - 41-3324. ACTIONS BY AND AGAINST LIQUIDATOR. (1) Upon issuance of...
Section 41-3325 - COLLECTION AND LIST OF ASSETS. - 41-3325. COLLECTION AND LIST OF ASSETS. (1) As soon as...
Section 41-3326 - FRAUDULENT TRANSFERS PRIOR TO PETITION. - 41-3326. FRAUDULENT TRANSFERS PRIOR TO PETITION. (1) Every transfer made...
Section 41-3327 - FRAUDULENT TRANSFER AFTER PETITION. - 41-3327. FRAUDULENT TRANSFER AFTER PETITION. (1) After a petition for...
Section 41-3328 - VOIDABLE PREFERENCES AND LIENS. - 41-3328. VOIDABLE PREFERENCES AND LIENS. (1) (a) A preference is...
Section 41-3329 - CLAIMS OF HOLDERS OF VOID OR VOIDABLE RIGHTS. - 41-3329. CLAIMS OF HOLDERS OF VOID OR VOIDABLE RIGHTS. (1)...
Section 41-3330 - SETOFFS. - 41-3330. SETOFFS. (1) Mutual debts or mutual credits between the...
Section 41-3331 - ASSESSMENTS. - 41-3331. ASSESSMENTS. (1) As soon as practicable but not more...
Section 41-3332 - REINSURER’S LIABILITY. - 41-3332. REINSURER’S LIABILITY. The amount recoverable by the liquidator from...
Section 41-3333 - RECOVERY OF PREMIUMS OWED. - 41-3333. RECOVERY OF PREMIUMS OWED. (1) (a) An agent, broker,...
Section 41-3334 - DOMICILIARY LIQUIDATOR’S PROPOSAL TO DISTRIBUTE ASSETS. - 41-3334. DOMICILIARY LIQUIDATOR’S PROPOSAL TO DISTRIBUTE ASSETS. (1) Within one...
Section 41-3335 - FILING OF CLAIMS. - 41-3335. FILING OF CLAIMS. (1) Proof of all claims shall...
Section 41-3336 - PROOF OF CLAIM. - 41-3336. PROOF OF CLAIM. (1) Proof of claim shall consist...
Section 41-3337 - SPECIAL CLAIMS. - 41-3337. SPECIAL CLAIMS. (1) The claim of a third party...
Section 41-3338 - SPECIAL PROVISIONS FOR THIRD PARTY CLAIMS. - 41-3338. SPECIAL PROVISIONS FOR THIRD PARTY CLAIMS. (1) Whenever any...
Section 41-3339 - DISPUTED CLAIMS. - 41-3339. DISPUTED CLAIMS. (1) When a claim is denied in...
Section 41-3340 - CLAIMS OF SURETY. - 41-3340. CLAIMS OF SURETY. Whenever a creditor whose claim against...
Section 41-3341 - SECURED CREDITOR’S CLAIMS. - 41-3341. SECURED CREDITOR’S CLAIMS. (1) The value of any security...
Section 41-3342 - PRIORITY OF DISTRIBUTION. - 41-3342. PRIORITY OF DISTRIBUTION. The priority of distribution of claims...
Section 41-3343 - LIQUIDATOR’S RECOMMENDATIONS TO THE COURT. - 41-3343. LIQUIDATOR’S RECOMMENDATIONS TO THE COURT. (1) The liquidator shall...
Section 41-3344 - DISTRIBUTION OF ASSETS. - 41-3344. DISTRIBUTION OF ASSETS. Under the direction of the court,...
Section 41-3345 - UNCLAIMED AND WITHHELD FUNDS. - 41-3345. UNCLAIMED AND WITHHELD FUNDS. (1) All unclaimed funds subject...
Section 41-3346 - TERMINATION OF PROCEEDINGS. - 41-3346. TERMINATION OF PROCEEDINGS. (1) When all assets justifying the...
Section 41-3347 - REOPENING LIQUIDATION. - 41-3347. REOPENING LIQUIDATION. After the liquidation proceeding has been terminated...
Section 41-3348 - DISPOSITION OF RECORDS DURING AND AFTER TERMINATION OF LIQUIDATION. - 41-3348. DISPOSITION OF RECORDS DURING AND AFTER TERMINATION OF LIQUIDATION....
Section 41-3349 - EXTERNAL AUDIT OF THE RECEIVER’S BOOKS. - 41-3349. EXTERNAL AUDIT OF THE RECEIVER’S BOOKS. The district court...
Section 41-3350 - CONSERVATION OF PROPERTY OF FOREIGN OR ALIEN INSURERS FOUND IN THIS STATE. - 41-3350. CONSERVATION OF PROPERTY OF FOREIGN OR ALIEN INSURERS FOUND...
Section 41-3351 - LIQUIDATION OF PROPERTY OF FOREIGN OR ALIEN INSURERS FOUND IN THIS STATE. - 41-3351. LIQUIDATION OF PROPERTY OF FOREIGN OR ALIEN INSURERS FOUND...
Section 41-3352 - DOMICILIARY LIQUIDATORS IN OTHER STATES. - 41-3352. DOMICILIARY LIQUIDATORS IN OTHER STATES. (1) The domiciliary liquidator...
Section 41-3353 - ANCILLARY FORMAL PROCEEDINGS. - 41-3353. ANCILLARY FORMAL PROCEEDINGS. (1) If a domiciliary liquidator has...
Section 41-3354 - ANCILLARY SUMMARY PROCEEDINGS. - 41-3354. ANCILLARY SUMMARY PROCEEDINGS. The director in his sole discretion...
Section 41-3355 - CLAIMS OF NONRESIDENTS AGAINST INSURERS DOMICILED IN THIS STATE. - 41-3355. CLAIMS OF NONRESIDENTS AGAINST INSURERS DOMICILED IN THIS STATE....
Section 41-3356 - CLAIMS OF RESIDENTS AGAINST INSURERS DOMICILED IN RECIPROCAL STATES. - 41-3356. CLAIMS OF RESIDENTS AGAINST INSURERS DOMICILED IN RECIPROCAL STATES....
Section 41-3357 - ATTACHMENT, GARNISHMENT, AND LEVY OF EXECUTION. - 41-3357. ATTACHMENT, GARNISHMENT, AND LEVY OF EXECUTION. During the pendency...
Section 41-3358 - INTERSTATE PRIORITIES. - 41-3358. INTERSTATE PRIORITIES. (1) In a liquidation proceeding in this...
Section 41-3359 - SUBORDINATION OF CLAIMS FOR NONCOOPERATION. - 41-3359. SUBORDINATION OF CLAIMS FOR NONCOOPERATION. If an ancillary receiver...
Section 41-3360 - SEVERABILITY. - 41-3360. SEVERABILITY. If any provision of this act or the...