New Hampshire § 404-B:18 Stay of Proceedings;  Reopening of Default Judgments

New Hampshire Statutes

§ 404-B:18 — Stay of Proceedings; Reopening of Default Judgments

New Hampshire·Title XXXVII INSURANCE·Ch. 404-B NEW HAMPSHIRE INSURANCE GUARANTY ASSOCIATION

All proceedings in which the insolvent insurer is a party or is obligated to defend a party in any court in this state shall be stayed for 6 months and any additional time thereafter as may be determined by the court from the date the insolvency is determined or an ancillary proceeding is instituted in this state, whichever is later, to permit proper defense by the association of all pending causes of action. As to any covered claims arising from a judgment under any decision, verdict or finding based on the default of the insolvent insurer or its failure to defend an insured, the association either on its own behalf or on behalf of such insured may apply to have such judgment, order, decision, verdict, or finding set aside by the same court or administrator that made such judgment, order,

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All proceedings in which the insolvent insurer is a party or is obligated to defend a party in any court in this state shall be stayed for 6 months and any additional time thereafter as may be determined by the court from the date the insolvency is determined or an ancillary proceeding is instituted in this state, whichever is later, to permit proper defense by the association of all pending causes of action. As to any covered claims arising from a judgment under any decision, verdict or finding based on the default of the insolvent insurer or its failure to defend an insured, the association either on its own behalf or on behalf of such insured may apply to have such judgment, order, decision, verdict, or finding set aside by the same court or administrator that made such judgment, order, decision, verdict or finding and shall be permitted to defend against such claim on the merits.

New Hampshire § 404-B:18 (Stay of Proceedings; Reopening of Default Judgments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.