Chapter 704c. Insurers Rehabilitation and Liquidation Act and Termination of Domestic Life Insurance Companies
Section
38a-903(Formerly Sec. 38-421). Short title: Insurers Rehabilitation and Liquidation Act. Interpretation. Applicability.38a-904(Formerly Sec. 38-422). Application of provisions.38a-905(Formerly Sec. 38-423). Definitions.38a-906(Formerly Sec. 38-424). Jurisdiction and venue.38a-907(Formerly Sec. 38-425). Injunctions, orders and stays.38a-908(Formerly Sec. 38-426). Cooperation of officers, owners and employees. Penalties.38a-909(Formerly Sec. 38-427). Persons afforded protection. Official immunity. Segregation of funds. Bonds.38a-910(Formerly Sec. 38-428). Continuation of delinquency proceedings.38a-911(Formerly Sec. 38-429). Delinquency proceeding: Limitations and conditions.38a-912(Formerly Sec. 38-430). Seizure order by court.38a-913(Formerly Sec. 38-431). Confidentiality of proceedings.38a-913aRecords of delinquent insurer. Use as evidence. Applicability of Freedom of Information Act. Costs of producing records.38a-914(Formerly Sec. 38-432). Grounds for rehabilitation.38a-915(Formerly Sec. 38-433). Rehabilitation orders. Appointment of judge to supervise rehabilitation. Accounting. Appeals.38a-916(Formerly Sec. 38-434). Powers and duties of the rehabilitator. Advisory committees.38a-917(Formerly Sec. 38-435). Actions by and against rehabilitator.38a-918(Formerly Sec. 38-436). Order of liquidation. Termination of rehabilitation.38a-919(Formerly Sec. 38-437). Grounds for liquidation.38a-920(Formerly Sec. 38-438). Liquidation orders. Financial reports: Contents and filings. Handling of claim obligations. Appointment of judge to supervise liquidation. Preference of claims. Appeals.38a-921(Formerly Sec. 38-439). Continuance of coverage. Cancellation of bond or surety undertaking.38a-922(Formerly Sec. 38-440). Dissolution of insurer.38a-923(Formerly Sec. 38-441). Powers of liquidator.38a-924(Formerly Sec. 38-442). Notice to creditors and others. Requirements. Exceptions.38a-925(Formerly Sec. 38-443). Duties of agents. Penalty.38a-926(Formerly Sec. 38-444). Actions by and against liquidator.38a-927(Formerly Sec. 38-445). List of assets.38a-928(Formerly Sec. 38-446). Fraudulent transfers prior to petition.38a-929(Formerly Sec. 38-447). Fraudulent transfer after petition.38a-930(Formerly Sec. 38-448). Voidable preferences and liens. Exceptions.38a-931(Formerly Sec. 38-449). Claims of holders of void or voidable rights.38a-932(Formerly Sec. 38-450). Set-offs and counterclaims. Accounting statements.38a-933(Formerly Sec. 38-451). Assessments.38a-933aAmounts recoverable. Affiliate liability. Timing of proceedings.38a-934(Formerly Sec. 38-452.) Reinsurer's liability.38a-935(Formerly Sec. 38-453). Recovery of premiums owed. Penalty. Appeals.38a-936(Formerly Sec. 38-454). Liquidator's proposal to distribute assets.38a-937(Formerly Sec. 38-455). Filing of claims.38a-938(Formerly Sec. 38-456). Proof of claim.38a-939(Formerly Sec. 38-457). Special claims.38a-940(Formerly Sec. 38-458). Special provisions for third party claims. Liquidator recommendations. Provisions not applicable to claims covered by guaranty association.38a-941(Formerly Sec. 38-459). Disputed claims. Hearings. Procedure.38a-942(Formerly Sec. 38-460). Claims of surety.38a-943(Formerly Sec. 38-461). Secured creditor's claims.38a-944(Formerly Sec. 38-462). Priority of distribution of claims.38a-944aAdditional rights. Netting agreements. Qualified financial contracts. Security arrangements.38a-945(Formerly Sec. 38-463). Liquidator's recommendations to the court.38a-946(Formerly Sec. 38-464). Distribution of assets.38a-947(Formerly Sec. 38-465). Unclaimed and withheld funds.38a-948(Formerly Sec. 38-466). Termination of proceedings.38a-949(Formerly Sec. 38-467). Reopening liquidation.38a-950(Formerly Sec. 38-468). Disposition of records during and after termination of liquidation.38a-951(Formerly Sec. 38-469). External audit of the receiver's books.38a-952(Formerly Sec. 38-470). Conservation of property of foreign or alien insurers found in this state. Termination of conservation. Appointment of judge to supervise ancillary proceeding.38a-953(Formerly Sec. 38-471). Liquidation of property of foreign or alien insurers found in this state.38a-954(Formerly Sec. 38-472). Domiciliary liquidators in other states.38a-955(Formerly Sec. 38-473). Ancillary formal proceedings.38a-956(Formerly Sec. 38-474). Ancillary summary proceedings.38a-957(Formerly Sec. 38-475). Claims of nonresidents against insurers domiciled in this state.38a-958(Formerly Sec. 38-476). Commissioner as ancillary receiver for insurers not domiciled in this state.38a-959(Formerly Sec. 38-477). Attachment, garnishment or levy of execution not to be commenced.38a-960(Formerly Sec. 38-478). Interstate priorities.38a-961(Formerly Sec. 38-479). Subordination of claims for noncooperation.38a-962Definitions.38a-962aApplicability.38a-962bAdministrative supervision by the commissioner.38a-962cConfidentiality of proceedings, hearings, records, reports and correspondence. Exception.38a-962dProhibited activities during supervision. Prior approval.38a-962eContested action. Appeal.38a-962fJudicial or other delinquency proceedings.38a-962gRegulations.38a-962hSupervision proceeding: Contact with commissioner allowed.38a-962iImmunity from liability.38a-962jRight of recovery.38a-963 to 38a-96538a-963 to 38a-96538a-966 to 38a-970(Formerly Secs. 38-136 to 38-140). Assets to vest in commissioner on repeal of charter. Powers and duties of commissioner. Limitation of time for presentation of claims. Valuation of policies in force. Application of assets.38a-971 to 38a-97438a-971 to 38a-974