Section 27-32-10 Grounds - Ancillary liquidation of foreign insurers.
Section 27-32-10
Grounds - Ancillary liquidation of foreign insurers.
The commissioner may apply to the court for an order appointing him as ancillary receiver of, and directing him to liquidate, the business of a foreign insurer having assets, business or claims in this state upon the appointment in the domiciliary state of such insurer of a receiver, liquidator, conservator, rehabilitator, or other officer by whatever name called for the purpose of liquidating the business of such insurer.
(Acts 1971, No. 407, p. 707, §629.)