Section 15. All proceedings in which the insolvent insurer is a party in any court in this commonwealth shall be stayed for up to six months and such additional time thereafter as may be determined by the court from the date the insolvency is declared or an ancillary proceeding is instituted in the commonwealth whichever is later to permit proper defense by the Fund of all pending causes of action.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 175d - Massachusetts Insurers Insolvency Fund
Section 2 - Application of Chapter
Section 3 - Massachusetts Insurers Insolvency Fund
Section 4 - Board of Directors
Section 5 - Powers and Duties of Fund
Section 7 - Powers and Duties of Commissioner
Section 10 - Examination and Regulation by Commissioner
Section 11 - Exemption From Fees and Taxes
Section 12 - Return of Excess Assets to Insurers in Proportion to Contributions to Fund
Section 14 - Liability for Reports or Recommendations by Fund
Section 15 - Stay of Pending Court Proceedings Involving Insolvent Insurer as Party; Defense by Fund
Section 17 - High Net Worth Insureds; Payment of Claims; Financial Information