Insurers Rehabilitation and Liquidation Procedures. | Midpage

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Code of the District of Columbia

Chapter 13

Insurers Rehabilitation and Liquidation Procedures.

31-1301Definitions.31-1302Applicability.31-1303Jurisdiction and venue.31-1304Injunctions and orders.31-1305Cooperation of officers, owners, and employees.31-1306Continuation of delinquency proceedings.31-1307Condition on release from delinquency proceedings; conditions on operations during proceedings.31-1308Temporary seizure order.31-1309Confidentiality of records.31-1309.01Duty to provide information to other insurance regulators and guaranty associations.31-1310Grounds for rehabilitation.31-1311Rehabilitation orders.31-1312Powers and duties of the rehabilitator.31-1313Actions by and against the rehabilitator.31-1314Termination of rehabilitation.31-1315Grounds for liquidation.31-1316Liquidation orders.31-1317Continuance of coverage.31-1318Dissolution of insurer.31-1319Powers of liquidator.31-1320Notice to creditors and others.31-1321Duties of agents.31-1322Actions by and against liquidator.31-1323Collection and list of assets.31-1324Fraudulent transfer prior to petition.31-1325Fraudulent transfer after petition.31-1326Voidable preferences and liens.31-1327Claims of holders of void or voidable rights.31-1328Setoffs.31-1329Assessments.31-1330Reinsurer’s liability.31-1331Recovery of premiums owed.31-1332Domiciliary liquidator’s proposal to distribute assets.31-1333Filing of claims.31-1334Proof of claim.31-1335Special claims.31-1336Special provisions for third party claims.31-1337Disputed claims.31-1338Claims of surety.31-1339Secured creditor’s claims.31-1340Priority of distribution.31-1341Liquidator’s recommendations to the court.31-1342Distribution of assets.31-1343Unclaimed and withheld funds.31-1344Termination of proceedings.31-1345Reopening liquidation.31-1346Disposition of records during and after termination of liquidation.31-1347External audit of the receiver’s books.31-1348Conservation of property of foreign or alien insurers found in the District of Columbia.31-1349Liquidation of property of foreign or alien insurers found in the District of Columbia.31-1350Domiciliary liquidators in other states.31-1351Ancillary formal proceedings.31-1352Ancillary summary proceedings.31-1353Claims of nonresidents against insurers domiciled in the District of Columbia.31-1354Claims of residents against insurers domiciled in reciprocal states.31-1355Attachment, garnishment, and levy of execution.31-1356Interstate priorities.31-1357Subordination of claims for noncooperation.