Sec. 10. If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in Indiana any assets within his control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under IC 27-9-3-40(7).
As added by Acts 1979, P.L.255, SEC.1.
Structure Indiana Code
Article 9. Supervision; Rehabilitation; Liquidation
Chapter 4. Interstate Relations
27-9-4-4. Ancillary State Receivers
27-9-4-5. Summary Proceedings at Request of Officials of Domiciliary States
27-9-4-6. Claims by Residents of Other States
27-9-4-7. Claims by Residents in Proceeding in Other States or in Ancillary Proceedings in Indiana