Chapter 27-14.3. Insurers’ Rehabilitation and Liquidation Act
Section
27-14.3-1Short title — Construction — Purpose.27-14.3-2Applicability.27-14.3-3Definitions.27-14.3-4Jurisdiction and venue.27-14.3-5Injunctions and orders.27-14.3-6Cooperation of officers, owners, and employees.27-14.3-7[Repealed.]27-14.3-8Condition on release from delinquency proceedings.27-14.3-9Immunity and indemnification of the receiver and employees.27-14.3-10Court’s seizure order.27-14.3-11Commencement of formal delinquency proceeding.27-14.3-12Return of summons and summary hearing.27-14.3-13Proceedings for expedited trial — Continuances, discovery, and evidence.27-14.3-14Decision and appeals.27-14.3-15Confidentiality of hearings.27-14.3-16Grounds for rehabilitation.27-14.3-17Rehabilitation order.27-14.3-18Powers and duties of rehabilitator.27-14.3-19Actions by and against rehabilitator.27-14.3-20Termination of rehabilitation.27-14.3-21Grounds for liquidation.27-14.3-22Liquidation orders.27-14.3-22.1Grounds for rehabilitation or liquidation of a domestic company that is a covered financial company under Dodd-Frank Wall Street Reform and Consumer Protection Act.27-14.3-23Continuance of coverage.27-14.3-24Dissolution of insurer.27-14.3-25Powers of liquidator.27-14.3-26Notice to creditors and others.27-14.3-27Duties of agents or insurance producers.27-14.3-28Actions by and against liquidator.27-14.3-29Collection and list of assets.27-14.3-30Fraudulent transfers prior to petition.27-14.3-31Fraudulent transfer after petition.27-14.3-32Voidable preferences and liens.27-14.3-33Claims of holders of void or voidable rights.27-14.3-34Setoffs.27-14.3-35Assessments.27-14.3-36Reinsurer’s liability.27-14.3-37Recovery of premiums owed.27-14.3-38Domiciliary liquidator’s proposal to distribute assets.27-14.3-39Filing of claims.27-14.3-40Proof of claim.27-14.3-41Special claims.27-14.3-42Special provisions for third-party claims.27-14.3-43Disputed claims.27-14.3-44Claims of surety.27-14.3-45Secured creditor’s claims.27-14.3-46Priority of distribution.27-14.3-46.1Insurer assessments.27-14.3-47Liquidator’s recommendations to the court.27-14.3-48Distribution of assets.27-14.3-49Unclaimed and withheld funds.27-14.3-50Termination of proceedings.27-14.3-51Reopening liquidation.27-14.3-52Disposition of records during and after termination of liquidation.27-14.3-53External audit of receiver’s books.27-14.3-54Conservation of property of foreign or alien insurers found in this state.27-14.3-55Liquidation of property of foreign or alien insurers found in this state.27-14.3-56Domiciliary liquidators in other states.27-14.3-57Ancillary formal proceedings.27-14.3-58Ancillary summary proceedings.27-14.3-59Claims of nonresidents against insurers domiciled in this state.27-14.3-60Claims of residents against insurers domiciled in reciprocal states.27-14.3-61Attachment, garnishment, and levy of execution.27-14.3-62Interstate priorities.27-14.3-63Subordination of claims for noncooperation.27-14.3-64Severability.27-14.3-65Rules and regulations.