Judgment or order not evidence of liability or quantum of damages.

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58-29B-110. Judgment or order not evidence of liability or quantum of damages.

No judgment or order against an insured or the insurer entered after the date of filing of a successful petition for liquidation and no judgment or order against an insured or the insurer entered at any time by default or by collusion need be considered as evidence of liability or of quantum of damages. No judgment or order against an insured or the insurer entered within four months before the filing of the petition need be considered as evidence of liability or of the quantum of damages.

Source: SL 1989, ch 436, §110.


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