Idaho Statutes

§ 41-4318 — STAY OF PROCEEDING –- REOPENING DEFAULT JUDGMENTS

Idaho·Title 41 INSURANCE·Ch. 43 IDAHO LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT
All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed one hundred eighty (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 such judgment 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

[41-4318, added 2011, ch. 196, sec. 2, p. 577.]

Nearby Sections

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