California § 1067.16. 1067.16. (Amended by Stats. 2010, Ch. 334, Sec. 14.)

California Statutes

§ 1067.16. — 1067.16. (Amended by Stats. 2010, Ch. 334, Sec. 14.)

California·Code INS Insurance Code - INS·Div. 1. DIVISION 1. GENERAL RULES GOVERNING INSURANCE·Part 2. PART 2. THE BUSINESS OF INSURANCE·Ch. 1. CHAPTER 1. General Regulations·Art. 14.7. ARTICLE 14.7. California Life and Health Insurance Guarantee Association

All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed not less than 180 days from the date an order of liquidation, rehabilitation, or conservation is final, to permit proper legal action by the association on any matters germane to its powers or duties. As to judgment under any decision, order, verdict, or finding based on default the association may apply to have the judgment set aside by the same court that made the judgment and shall be permitted to defend against the suit on the merits.

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All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed not less than 180 days from the date an order of liquidation, rehabilitation, or conservation is final, to permit proper legal action by the association on any matters germane to its powers or duties. As to judgment under any decision, order, verdict, or finding based on default the association may apply to have the judgment set aside by the same court that made the judgment and shall be permitted to defend against the suit on the merits.

California § 1067.16. (1067.16. (Amended by Stats. 2010, Ch. 334, Sec. 14.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.