Home/Connecticut/Statutes/Title 38a: Insurance/Ch. 704c: Insurers Rehabilitation and Liquidation Act and Termination of Domestic Life Insurance Companies/§ 38a-949
Connecticut Statutes

§ 38a-949 — (Formerly Sec. 38-467). Reopening liquidation.

Connecticut·Title 38a Insurance·Ch. 704c Insurers Rehabilitation and Liquidation Act and Termination of Domestic Life Insurance Companies
After the liquidation proceeding has been terminated and the liquidator discharged, the commissioner or other interested party may at any time petition the Superior Court to reopen the proceedings for good cause, including the discovery of additional assets. If the court is satisfied that there is justification for reopening, it shall so order.

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Connecticut § 38a-949 ((Formerly Sec. 38-467). Reopening liquidation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 79-382, S. 47.) History: Sec. 38-467 transferred to Sec. 38a-949 in 1991.

Nearby Sections

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(Formerly Sec. 38-1). Definitions.
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(Formerly Sec. 38-4c). Regulations on arbitration procedure.
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Definitions.
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Approval of self-insurance group required.
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Group certificate of approval. Application. Fees.
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Duration and termination of certificate of approval.
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Examination of group. Costs.
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Group board of trustees.
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Requirements for an employer to join group after its approval. Termination of membership. Insolvency or bankruptcy of member.
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Service company and administrator to be mutually disinterested.
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Nonemployee soliciting group membership must be licensed.
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Annual statement of financial condition required. Untrue statement prohibited.
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Taxes.
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Misrepresentation and omission in membership solicitation prohibited.
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