RSA 402-C:18 Actions by and Against Rehabilitator.

Title: XXXVII - INSURANCE Chapter: 402-C - INSURERS REHABILITATION AND LIQUIDATION

I.
Stays in Pending Litigation. On request of the rehabilitator, any court in this state before which any action or proceeding by or against an insurer is pending when a rehabilitation order against the insurer is entered shall stay the action or proceeding for such time as is necessary for the rehabilitator to obtain proper representation and prepare for further proceedings. The court that entered the rehabilitation order shall order the rehabilitator to take such action respecting the pending litigation as the court deems necessary in the interests of justice and for the protection of creditors, policyholders and the public. The rehabilitator shall immediately consider all litigation pending outside this state and shall petition the courts having jurisdiction over that liti

Log in to read the full statute text and search all NH RSAs.

Read Full Statute