20-617. Grounds for conservation of foreign insurers
The director may apply to the court for an order appointing him as receiver or ancillary receiver, and directing him to conserve the assets within this state, of a foreign insurer upon any of the following grounds:
1. Upon any of the grounds specified in sections 20-615 or 20-616.
2. Upon the ground that its property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.
Section: Previous 20-589 20-611 20-612 20-613 20-614 20-615 20-616 20-617 20-618 20-619 20-620 20-621 20-622 20-623 20-623.01 NextLast modified: October 13, 2016