Vermont Statutes
Chapter 145 - Supervision, Rehabilitation, and Liquidation of Insurers
§ 7098. Attachment, garnishment and levy of execution

§ 7098. Attachment, garnishment and levy of execution
During the pendency in this or any other state of a liquidation proceeding, whether called by that name or not, no action or proceeding in the nature of an attachment, garnishment, or levy of execution shall be commenced or maintained in this State against the delinquent insurer or its assets. (Added 1991, No. 45, § 2, eff. May 29, 1991.)

Structure Vermont Statutes

Vermont Statutes

Title 8 - Banking and Insurance

Chapter 145 - Supervision, Rehabilitation, and Liquidation of Insurers

§ 7031. Definitions

§ 7032. Jurisdiction and venue

§ 7033. Injunctions and orders

§ 7034. Cooperation of officers, owners, and employees

§ 7035. Continuation of delinquency proceedings

§ 7036. Condition on release from delinquency proceedings

§ 7041. Commissioner’s summary orders and supervision proceedings

§ 7042. Court’s seizure order

§ 7043. Confidentiality of hearings

§ 7051. Grounds for rehabilitation

§ 7052. Rehabilitation orders

§ 7053. Powers and duties of the rehabilitator

§ 7054. Actions by and against rehabilitator

§ 7055. Termination of rehabilitation

§ 7056. Grounds for liquidation

§ 7057. Liquidation orders

§ 7058. Continuance of coverage

§ 7059. Dissolution of insurer

§ 7060. Powers of liquidator

§ 7061. Notice to creditors and others

§ 7062. Duties of agents

§ 7063. Actions by and against liquidator

§ 7064. Collection and list of assets

§ 7065. Fraudulent transfers prior to petition

§ 7066. Fraudulent transfer after petition

§ 7067. Voidable preferences and liens

§ 7068. Claims of holders of void or voidable rights

§ 7069. Setoffs

§ 7070. Assessments

§ 7071. Reinsurer’s liability

§ 7072. Recovery of premiums owed

§ 7073. Domiciliary liquidator’s proposal to distribute assets

§ 7074. Filing of claims

§ 7075. Proof of claim

§ 7076. Special claims

§ 7077. Special provisions for third party claims

§ 7078. Disputed claims

§ 7079. Claims of surety

§ 7080. Secured creditor’s claims

§ 7081. Priority of distribution

§ 7082. Liquidator’s recommendations to the Court

§ 7083. Distribution of assets

§ 7084. Unclaimed and withheld funds

§ 7085. Termination of proceedings

§ 7086. Reopening liquidation

§ 7087. Disposition of records during and after termination of liquidation

§ 7088. External audit of the receiver’s books

§ 7091. Conservation of property of foreign or alien insurers found in this State

§ 7092. Liquidation of property of foreign or alien insurers found in this State

§ 7093. Domiciliary liquidators in other states

§ 7094. Ancillary formal proceedings

§ 7095. Ancillary summary proceedings

§ 7096. Claims of nonresidents against insurers domiciled in this State

§ 7097. Claims of residents against insurers domiciled in reciprocal states

§ 7098. Attachment, garnishment and levy of execution

§ 7099. Interstate priorities

§ 7100. Subordination of claims for noncooperation