Authority to pursue legal remedies on insurer's behalf.

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58-29B-34. Authority to pursue legal remedies on insurer's behalf.

If it appears to the rehabilitator that there has been criminal or tortious conduct, or breach of any contractual or fiduciary obligation detrimental to the insurer by any officer, manager, representative, insurance producer, employee, or other person, the rehabilitator may pursue all appropriate legal remedies on behalf of the insurer.

Source: SL 1989, ch 436, §34; SL 2001, ch 286, §142.


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