An insurer is insolvent when its reserves, its matured death claims, and its other due and unpaid obligations exceed its assets and death assessments or periodic payments called, to be called, or in process of collection.
Section: Previous 23-72-109 23-72-110 23-72-111 23-72-112 23-72-113 23-72-114 23-72-115 23-72-116 23-72-117 23-72-118 23-72-119 23-72-120 23-72-121 23-72-122 NextLast modified: November 15, 2016