All proceedings in which the insolvent insurer is a party in a court in this state must be stayed 60 days from the date an order of liquidation, rehabilitation, or conservation is final to permit proper legal action by the association on matters germane to its powers or duties. As to judgment under a decision, order, verdict, or finding based on default, the association may apply to have the judgment set aside by the same court that made the judgment and may defend against the suit on the merits.
1993 c 319 s 17
Structure Minnesota Statutes
Chapters 59A - 79A — Insurance
Chapter 61B — Life And Health Guaranty Association
Section 61B.19 — Purpose; Scope; Limitation Of Coverage; Limitation Of Benefits; Construction.
Section 61B.21 — Minnesota Life And Health Insurance Guaranty Association.
Section 61B.22 — Board Of Directors.
Section 61B.23 — Powers And Duties Of Association.
Section 61B.25 — Plan Of Operation.
Section 61B.26 — Duties And Powers Of Commissioner.
Section 61B.27 — Prevention Of Insolvencies.
Section 61B.28 — Miscellaneous Provisions.
Section 61B.29 — Examination; Annual Report.
Section 61B.30 — Tax Exemptions.
Section 61B.31 — Indemnification.
Section 61B.32 — Stay Of Proceedings; Reopening Default Judgments.