Formal Proceedings

  1. Law
  2. Tennessee Code
  3. Insurance
  4. Insurers Rehabilitation and Liquidation Act
  5. Formal Proceedings

Checkout our iOS App for a better way to browser and research.

Section
56-9-301

Rehabilitation of Insurers — Grounds for Filing Petition

Section
56-9-302

Order to Rehabilitate Business of Insurer — Effect

Section
56-9-303

Rehabilitator — Duties and Authority

Section
56-9-304

Rehabilitation Order — Stay of Pending Action or Proceeding — Tolling of Statute of Limitations — Laches Unavailable — Standing — Federal Home Loan Bank

Section
56-9-305

Order of Liquidation — Termination of Rehabilitation

Section
56-9-306

Grounds for Order of Liquidation

Section
56-9-307

Order of Liquidation — Effect — Declaration of Insolvency — Financial Reports — Appeal Pendency Plan

Section
56-9-308

Liquidation Order — Continuation or Termination of Insurance Policies

Section
56-9-309

Liquidation of Insurer — Dissolution of Corporate Existence

Section
56-9-310

Powers and Authority of Liquidator

Section
56-9-311

Notice of Liquidation Order — Method — Contents — Effect of Notice

Section
56-9-312

Notice of Liquidation Order — Response by Agents of Insurer — Penalty for Failure to Respond

Section
56-9-313

Effect of Issuance of Order Appointing Liquidator — Statute of Limitation and Laches — Standing

Section
56-9-314

List of Insurer's Assets — Where Filed — Liquidation of Assets

Section
56-9-315

Fraudulent Transfers — Effect — When Transfer Made

Section
56-9-316

Transfers of Property After Filing of Petition for Rehabilitation or Liquidation — Effect

Section
56-9-317

Preferences — Definition — Avoidance by Liquidator — When Transfer Is Made or Perfected — Liens — Jurisdiction of Chancery Court — Preferences in Favor of Attorneys or Insiders of Insurer — Federal Home Loan Bank

Section
56-9-318

Claims of Creditors

Section
56-9-319

Mutual Debts and Credits — When Offset Allowed

Section
56-9-320

Assessment — Liquidator to Make Report to Court — Levy of Assessment on Members of Insurer — Enforcement

Section
56-9-321

Obligation to Pay Earned Premiums to Insurer — Penalties for Failure to Pay — Proceedings to Collect Unpaid Premiums — Appeal From Proceedings — Limitations on Claims of Insurer Against Insured

Section
56-9-322

Liquidator's Proposal to Disburse Assets — Required Provisions of Proposal — Application to Court for Approval of Proposal — Notice of Application

Section
56-9-323

Proof of Claims — When Filed — Late Filings

Section
56-9-324

Proof of Claim — Form — Information to Be Included in Form

Section
56-9-325

Contingent Claims — Claims Made Under Employment Contracts

Section
56-9-326

Third Party Actions Against Insureds — Claims by Insured — Allowance of Claim by Insured — Multiple Claims Under One Policy

Section
56-9-327

Denial of Claim by Liquidator — Notice — Hearing — Final Disposition — Rules of Procedure

Section
56-9-328

Claims of Creditors Secured by Undertakings of Other Persons

Section
56-9-329

Valuation of Security Held by Secured Creditors

Section
56-9-330

Distribution of Claims — Priority

Section
56-9-331

Liquidator's Report on Claims — Review of Report by Court — When Liquidator May Treat Claims as Allowed

Section
56-9-332

Payment of Distributions by Liquidator

Section
56-9-333

Unclaimed Funds — Disposition

Section
56-9-334

Application for Order of Discharge

Section
56-9-335

Post-Liquidation and Discharge Proceedings

Section
56-9-336

Records of Insurer

Section
56-9-337

Books of Receivership — Audit

Section
56-9-338

Netting Agreements and Qualified Financial Contracts With Insurers

Section
56-9-339

Federal Home Loan Bank's Secured Claim on Insurer Subject to Delinquency Proceeding