Section 21.78.080. Grounds for ancillary liquidation.

Latest version.

The director may apply to the court for an order appointing the director as ancillary receiver of and directing the director to liquidate the business of a foreign insurer having assets, business, or claims in this state upon the appointment in the domiciliary state of the insurer of a receiver, liquidator, conservator, rehabilitator, or other officer by whatever name called for the purpose of liquidating the business of the insurer.

Authorities

21.78.140

Notes

References

AS 21.78.140 Conduct of delinquency proceedings against foreign insurers.

History

(Sec. 1 ch 120 SLA 1966)

                    
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