California Insurance Code ARTICLE 14.3 - Uniform Liquidation Act

• Section 1064.1.
  For the purposes of this act:(a) “Insurer” means any person subject to the insurance supervisory authority of, or to liquidation, rehabilitation, reorganization, or conservation by the...
• Section 1064.2.
  (a) Whenever under the laws of this state a receiver is to be appointed in delinquency proceedings for an insurer domiciled in this state, the court...
• Section 1064.3.
  (a) Whenever under the laws of this state an ancillary receiver is to be appointed in delinquency proceedings for an insurer not domiciled in this state,...
• Section 1064.4.
  (a) In a delinquency proceeding begun in this state against an insurer domiciled in this state, claimants residing in reciprocal states may file claims either with...
• Section 1064.5.
  (a) In a delinquency proceeding in a reciprocal state against an insurer domiciled in that state, claimants against such insurer who reside within this state may...
• Section 1064.6.
  (a) In a delinquency proceeding against an insurer domiciled in this state, claims owing to residents of ancillary states shall be preferred claims if like claims...
• Section 1064.7.
  The owners of special deposit claims against an insurer for which a receiver is appointed in this or any other state shall be given priority...
• Section 1064.8.
  The owner of a secured claim against an insurer for which a receiver has been appointed in this or any other state may surrender his...
• Section 1064.9.
  During the pendency of delinquency proceedings in this or any reciprocal state, no action or proceeding in the nature of an attachment, garnishment, or execution...
• Section 1064.10.a.
  The domiciliary receiver of an insurer domiciled in a reciprocal state may sue in this state to recover any assets of that insurer to which...
• Section 1064.11.
  If any provision of this article or the application thereof to any person or circumstances is held invalid, that invalidity shall not affect other provisions...
• Section 1064.12.
  (a) This article may be referred to as the “Uniform Insurers Rehabilitation Act.”(b) The Uniform Insurers Rehabilitation Act shall be so interpreted and construed as to effectuate...
• Section 1064.13.
  (a) Upon receipt of a notice of liquidation the commissioner shall cease imposing, billing or collecting fees and assessments against the subject company pursuant to this...

Last modified: October 22, 2018