New Jersey Statutes
§ 17:30C-22 — Attachment and garnishment of assets
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
During the pendency of delinquency proceedings in this or any reciprocal state, no action or proceeding in the nature of an attachment, garnishment or execution shall be commenced or maintained in the courts of this State against the delinquent insurer or its assets. Any lien obtained by any such action or proceeding within 4 months prior to the commencement of any such delinquency proceeding or at any time thereafter shall be void as against any rights arising in such delinquency proceeding. L.1975, c. 113, s. 22, eff. June 3, 1975.
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Nearby Sections
15
§ 17:30C-1
Definitions§ 17:30C-10
Order of liquidation--alien insurers§ 17:30C-11
Grounds for conservation--foreign insurers§ 17:30C-12
Grounds for conservation--alien insurers§ 17:30C-17
Deputies and assistants§ 17:30C-19
Claims against foreign insurers§ 17:30C-2
Jurisdiction of delinquency proceedings§ 17:30C-20
Form of claim--notice--hearing§ 17:30C-22
Attachment and garnishment of assets§ 17:30C-23
Uniform insurers liquidation act