Remedies of Receivership Exclusive With Department; Exception in Favor of Judgment Creditor

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Sec. 23. No order, judgment, or decree providing for an accounting or enjoining, restraining, or interfering with the operation of the business of any insurance company, association, or society, to which any provision of this article is applicable, or for the appointment of a temporary or permanent receiver thereof, shall be made or granted otherwise than upon the application of the department, except in an action by a judgment creditor or in proceedings supplemental to execution.

Formerly: Acts 1935, c.162, s.270a. As amended by P.L.252-1985, SEC.96.


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