New Jersey Statutes
§ 17B:32-88 — Failure of ancillary receiver to transfer assets
New Jersey § 17B:32-88
JurisdictionNew Jersey
Title 17BINSURANCE
This text of New Jersey § 17B:32-88 (Failure of ancillary receiver to transfer assets) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 17B:32-88 (2026).
Text
58.If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this State any assets within his control, other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be Class 7 claims pursuant to paragraph (7) of subsection a. of section 41 of this act. L.1992,c.65,s.58.
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Nearby Sections
15
§ 17B:32-31
Short title, purpose of act§ 17B:32-32
Application of authorized proceedings§ 17B:32-33
Definitions§ 17B:32-34
Jurisdiction over delinquency proceedings§ 17B:32-35
Restraining orders, injunctions§ 17B:32-36
Cooperation with commissioner in proceedings§ 17B:32-37
Proceedings previously commenced deemed commenced under this act; exceptions, distribution of claims§ 17B:32-39
Filing of petition; court orders§ 17B:32-42
Appointment of rehabilitator§ 17B:32-43
Powers of rehabilitator§ 17B:32-44
Staying of pending actions§ 17B:32-45
Petition for order of liquidationCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 17B:32-88, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17B/17B%3A32-88.