N.D. Cent. Code ch. 26.1-06.1 – Insurance Company Rehabilitation and Liquidation | Midpage

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North Dakota Century Code

Chapter 26.1-06.1

N.D. Cent. Code ch. 26.1-06.1

Insurance Company Rehabilitation and Liquidation

26.1-06.1-01Construction and purpose 26.1-06.1-02Persons covered 26.1-06.1-03Definitions 26.1-06.1-04Jurisdiction and venue 26.1-06.1-05Injunctions and orders 26.1-06.1-06Cooperation of officers, owners, and employees - Penalty 26.1-06.1-07Continuation of delinquency proceedings 26.1-06.1-08Condition on release from delinquency proceedings 26.1-06.1-09Court's seizure order 26.1-06.1-10Confidentiality of hearings 26.1-06.1-11Grounds for rehabilitation 26.1-06.1-12Rehabilitation orders 26.1-06.1-13Powers and duties of the rehabilitator 26.1-06.1-14Actions by and against rehabilitator 26.1-06.1-15Termination of rehabilitation 26.1-06.1-16Grounds for liquidation 26.1-06.1-17Liquidation orders 26.1-06.1-18Continuance of coverage 26.1-06.1-19Dissolution of insurer 26.1-06.1-20Powers of liquidator 26.1-06.1-21Notice to creditors and others 26.1-06.1-22Duties of agents 26.1-06.1-23Actions by and against liquidator 26.1-06.1-24Collection and list of assets 26.1-06.1-25Fraudulent transfers prior to petition 26.1-06.1-26Fraudulent transfer after petition 26.1-06.1-27Voidable preferences and liens 26.1-06.1-28Claims of holders of void or voidable rights 26.1-06.1-29Setoffs 26.1-06.1-30Assessments 26.1-06.1-31Reinsurer's liability 26.1-06.1-32Recovery of premiums owed 26.1-06.1-33Domiciliary liquidator's proposal to distribute assets 26.1-06.1-34Filing of claims 26.1-06.1-35Proof of claim 26.1-06.1-36Special claims 26.1-06.1-37Special provisions for third-party claims 26.1-06.1-38Disputed claims 26.1-06.1-39Claims of surety 26.1-06.1-40Secured creditor's claims 26.1-06.1-41Priority of distribution 26.1-06.1-42Liquidator's recommendations to the court 26.1-06.1-43Distribution of assets 26.1-06.1-44Unclaimed and withheld funds 26.1-06.1-45Termination of proceedings 26.1-06.1-46Reopening liquidation 26.1-06.1-47Disposition of records during and after termination of liquidation 26.1-06.1-48External audit of the receiver's books 26.1-06.1-49Conservation of property of foreign or alien insurers found in this state 26.1-06.1-50Liquidation of property of foreign or alien insurers found in this state 26.1-06.1-51Domiciliary liquidators in other states 26.1-06.1-52Ancillary formal proceedings 26.1-06.1-53Ancillary summary proceedings 26.1-06.1-54Claims of nonresidents against insurers domiciled in this state 26.1-06.1-55Claims of residents against insurers domiciled in reciprocal states 26.1-06.1-56Attachment, garnishment, and levy of execution 26.1-06.1-57Interstate priorities 26.1-06.1-58Subordination of claims for noncooperation 26.1-06.1-59Separability