The phrase comes with states with feel liens up on specific possessions of the cause regarding judicial techniques
(3) Having reason for the word “insolvency” otherwise “insolvent,” “liabilities” should were, not be simply for, supplies necessary for legislation otherwise from the statutes of your department or certain conditions enforced of the commissioner up on an insurance provider at the time of entry otherwise then thereto.
“Insurer” has everyone else involved since indemnitor otherwise specialist in the industry out-of insurance, medical health insurance or regarding annuities and every like person subject to the latest supervisory authority off, or even liquidation, rehabilitation, reorganization or preservation by the, new commissioner or the similar insurance coverage regulator of another county; everybody else purporting to-be engaged because indemnitor or contractor when you look at the the business out of term life insurance, medical health insurance or away from annuities within this State; everyone else undergoing team to become involved once the indemnitor or company in the market of insurance, medical health insurance otherwise away from annuities; each fraternal work with area dependent pursuant to help you P.L.1959, c.167 (C.A-step 1 ainsi que seq.); the shared benefit association built pursuant in order to R.; every healthcare service enterprise situated pursuant in order to P.L.1938, c.366 (C.-step one mais aussi seq.); all the health solution corporation depending pursuant to P.L.1985, c.236 (C.E-1 ainsi que seq.); every medical services agency centered pursuant so you’re able to P.L.1940, c.74 (C.A-1 ainsi que seq.); every dental services firm built pursuant so you’re able to P.L.1968, c.305 (C.C-step 1 ainsi que seq.); all of the dental care plan team established pursuant in order to P.L.1979, c.478 (C.); each health repairs company established pursuant to P.L.1973, c.337 (C.26:2J-step 1 mais aussi seq.).
D-1 mais aussi seq
“Preferred allege” means any allege which is accorded priority out-of payment in the standard property of one’s insurer pursuant towards the provisions for the act.
“Mutual condition” form people condition, other than this State, where within the material and you may impact, subsection good. away from point 17 and areas 51, 52 and 54 compliment of 56 associated with work come into push, and in which arrangements have been in push requiring the newest commissioner or comparable formal becoming the individual of an outstanding insurance carrier, and in and therefore some provision is available towards avoidance from deceptive conveyances and you can preferential transmits.
S.-step 1 mais aussi seq
“Secured allege” form people claim secure by the home loan, faith deed, pledge, deposit since defense, escrow, or else; but not as well as special deposit says or states against standard property.
“Unique put claim” means any claim secured of the in initial deposit produced pursuant so you can rules towards the safeguards or benefit of a limited classification otherwise kinds from people, but not as well as one allege covered because of the general assets.
“Transfer” will are the marketing and every other and various setting, head otherwise indirect, from disposing of or regarding parting that have, property or with an interest therein, otherwise towards hands thereof, otherwise from restoring a great lien abreast of possessions otherwise upon an attraction therein, seriously otherwise conditionally, voluntarily, from the or as opposed to official procedures. New maintenance from a safety label to help you possessions taken to an effective debtor will be considered a transfer sustained because of the debtor.
5. a good. Any individual designated inside the a going significantly less than which operate can get in the at any time make an application for, and also the Premium Judge get give, such as for instance restraining purchases https://paydayloancolorado.net/segundo/, initial and permanent injunctions, and other orders since the is generally considered necessary and you will best to help you prevent:
(9) The newest making of every business otherwise deed for nonpayment out of taxation or tests who does reduce the value of the latest possessions out-of the fresh insurer;
(10) This new withholding on person away from books, profile, data files or any other suggestions relating to the company of one’s insurance provider; or
(11) Other threatened or considered action which may decrease the value of your own insurer’s property otherwise prejudice this new legal rights regarding policyholders, creditors otherwise investors, or the management of any continuing under which act.
