Receiver as lien creditor.

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  • (1) The receiver may avoid a transfer of or lien on the property of, or obligation incurred by, an insurer that the insurer or a policyholder, creditor, member, or stockholder of the insurer:
    • (a) may have avoided without regard to any knowledge of:
      • (i) the receiver;
      • (ii) the commissioner;
      • (iii) the insurer; or
      • (iv) a policyholder, creditor, member, or stockholder of the insurer; and
    • (b) whether or not a policyholder, creditor, member, or stockholder described in this Subsection (1) exists.
  • (2) The receiver is considered a creditor without knowledge for purposes of pursuing claims under:
    • (a)Title 25, Chapter 6, Uniform Voidable Transactions Act; or
    • (b) similar provisions of state or federal law.




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