1. (1) The receiver may avoid a transfer of or lien on the property of, or obligation incurred by, an insurer that the insurer or a policyholder, creditor, member, or stockholder of the insurer:

   1. (a) may have avoided without regard to any knowledge of:

      1. (i) the receiver;
      2. (ii) the commissioner;
      3. (iii) the insurer; or
      4. (iv) a policyholder, creditor, member, or stockholder of the insurer; and
   2. (b) whether or not a policyholder, creditor, member, or stockholder described in this Subsection (1) exists.

2. (2) The receiver is considered a creditor without knowledge for purposes of pursuing claims under:

   1. (a) Title 25, Chapter 6, Uniform Voidable Transactions Act; or
   2. (b) similar provisions of state or federal law.

Amended by Chapter 204, 2017 General Session