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7401 - Application of Article; Definitions. - (b) In this article: (1) "insurer" includes all corporations, associations,...
7402 - Grounds for Rehabilitation of Domestic Insurer. - (a) Is insolvent within the meaning of section one thousand...
7403 - Order of Rehabilitation; Advances From Property/casualty Insurance Security Fund; Termination. - (2) Before issuing such order, the court shall determine that...
7404 - Grounds for Liquidation. - § 7404. Grounds for liquidation. The superintendent may apply under...
7405 - Order of Liquidation; Rights and Liabilities. - (b) The superintendent and his successors shall be vested by...
7406 - Grounds for Conservation of Assets of Foreign or Alien Insurer. - (1) any of the grounds specified in subsection (a) through...
7407 - Order of Conservation or Ancillary Liquidation of a Foreign or Alien Insurer. - (b) Where the superintendent has been appointed pursuant to the...
7408 - Uniform Insurers Liquidation Act; Title; Definitions. - (b) In this act: (1) "Insurer" means any person, firm,...
7409 - Conduct of Delinquency Proceedings Against Insurers Domiciled in This State. - (b) As domiciliary receiver the superintendent and his successors in...
7410 - Conduct of Delinquency Proceedings Against Insurers Not Domiciled in This State. - (b) The domiciliary receiver for the purpose of liquidating an...
7411 - Filing and Proving of Claims of Non-Residents Against Delinquent Insurers Domiciled in This State. - (b) (1) Controverted claims of claimants residing in reciprocal states...
7412 - Filing and Proving of Claims of Residents Against Delinquent Insurers Domiciled in Reciprocal States. - (b) (1) Controverted claims belonging to claimants residing in this...
7413 - Priority of Preferred Claims, Special Deposit Claims and Secured Claims. - (b) In a delinquency proceeding against an insurer domiciled in...
7414 - Attachment and Garnishment of Assets. - § 7414. Attachment and garnishment of assets. During the pendency...
7415 - Uniformity of Interpretation. - § 7415. Uniformity of interpretation. The uniform insurers liquidation act...
7416 - Grounds for Dissolution of Domestic Insurer. - § 7416. Grounds for dissolution of domestic insurer. The superintendent...
7417 - Commencement of a Proceeding. - § 7417. Commencement of a proceeding. The superintendent represented by...
7418 - Service of Order to Show Cause. - (1) If a domestic corporation: its president or other head,...
7419 - Injunctions. - (b) Such court or justice may at any time during...
7420 - Annual Report. - § 7420. Annual report. The superintendent shall transmit to the...
7421 - Removal of Proceedings. - § 7421. Removal of proceedings. Any time after commencement of...
7422 - Appointment of Deputies; Employment of Assistants. - (b) The compensation of such special and assistant special deputy...
7423 - Exemption From Filing Fees. - § 7423. Exemption from filing fees. The superintendent shall not...
7424 - Deposit of Monies Collected; Preference. - § 7424. Deposit of monies collected; preference. Monies collected by...
7425 - Voidable Transfers. - (b) Every director, officer, employee, shareholder, member or other person...
7427 - Offsets. - (b) No offset shall be allowed in favor of any...
7428 - Disposition of Assets and Compromise of Claims. - (1) sell or otherwise dispose of all or any part...
7429 - Borrowing on the Pledge of Assets. - § 7429. Borrowing on the pledge of assets. To facilitate...
7430 - Levy of Assessments; Determination of Liability of Members. - (1) the reasonable value of the insurer's assets; (2) its...
7431 - Determination of Liability of Members for Other Indebtedness. - (b) The liability of such member for such indebtedness shall...
7432 - Adjudication of Insolvency of Insurer; Time to File Claims. - (b) Where a liquidation, rehabilitation or conservation order has been...
7433 - Proof and Allowance of Claims. - (2) If a claim is founded upon an instrument in...
7433-A - Loan to Workers' Compensation Security Fund. - (b) Notwithstanding any law, rule or regulation to the contrary,...
7434 - Distribution of Assets. - (i) Class one. Claims with respect to the actual and...
7435 - Distribution for Life Insurers. - (1) Class one. Claims with respect to the actual and...
7436 - Claims-Made Policies; Special Requirements. - (b) If the order of liquidation, rehabilitation or conservation is...
7437 - Qualified Financial Contracts. - (1) "Actual direct compensatory damages" means and includes normal and...