Order to liquidate alien insurer domiciled in state--Effect.

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58-29B-44. Order to liquidate alien insurer domiciled in state--Effect.

An order to liquidate the business of an alien insurer domiciled in this state shall be in the same terms and have the same legal effect as an order to liquidate a domestic insurer, except that the assets and the business in the United States shall be the only assets and business included therein.

Source: SL 1989, ch 436, §44.


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