Section 21.78.060. Grounds for conservation, foreign insurers.

Latest version.

The director may apply to the court for an order appointing the director as receiver or ancillary receiver, and directing the director to conserve the assets in this state, of a foreign insurer upon
        (1) any of the grounds specified in AS 21.78.040 or 21.78.050; or
        (2) the ground that it's property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.

Notes

History

(Sec. 1 ch 120 SLA 1966)

                    
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