California Statutes

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

California § 1067.16.
JurisdictionCalifornia
Code INSInsurance 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

This text of California § 1067.16. (1067.16. (Amended by Stats. 2010, Ch. 334, Sec. 14.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Insurance Code - INS Code § 1067.16. (2026).

Text

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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Legislative History

Amended by Stats. 2010, Ch. 334, Sec. 14. (SB 1408) Effective September 27, 2010.

Nearby Sections

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California § 1067.16., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/1067.16..