Minnesota § 61B.32 STAY OF PROCEEDINGS; REOPENING DEFAULT JUDGMENTS

Minnesota Statutes

§ 61B.32 — STAY OF PROCEEDINGS; REOPENING DEFAULT JUDGMENTS

Minnesota § 61B.32

PartINSURANCE

Ch. 61BLIFE AND HEALTH GUARANTY ASSOCIATION

This text of Minnesota § 61B.32 (STAY OF PROCEEDINGS; REOPENING DEFAULT JUDGMENTS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 61B.32 (2026).

Text

All proceedings in which the insolvent insurer is a party in a court in this state must be stayed 60 days from the date an order of liquidation, rehabilitation, or conservation is final to permit proper legal action by the association on matters germane to its powers or duties. As to judgment under a 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 may defend against the suit on the merits.

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All proceedings in which the insolvent insurer is a party in a court in this state must be stayed 60 days from the date an order of liquidation, rehabilitation, or conservation is final to permit proper legal action by the association on matters germane to its powers or duties. As to judgment under a 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 may defend against the suit on the merits.