Connecticut Statutes

§ 38a-875 — (Formerly Sec. 38-318). Stay of proceedings in which impaired insurer a party.

Connecticut § 38a-875
JurisdictionConnecticut
Title 38aInsurance
Ch. 704aInsurance Guaranty Funds

This text of Connecticut § 38a-875 ((Formerly Sec. 38-318). Stay of proceedings in which impaired insurer a party.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Conn. Gen. Stat. § 38a-875 (2026).

Text

All proceedings in which the impaired insurer is a party in any court in this state shall be stayed one hundred eighty 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. The association may apply to have any judgment under any decision, order, verdict, or finding based on default set aside by the same court that made such judgment and shall be permitted to defend against such suit on the merits.

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Legislative History

(1972, P.A. 280, S. 18.) History: Sec. 38-318 transferred to Sec. 38a-875 in 1991.

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Bluebook (online)
Connecticut § 38a-875, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/38a-875.