Individuals & Families
Small Businesses
Nonprofits
Employers
Employee Benefits Brokers
PEOs
Credit Unions
Membership Groups
Legal Information
Sign In
/
U.S. State Codes
/
Mississippi
/
Title 83 - Insurance
/
Chapter 24 - Insurers Rehabilitation and Liquid...
Chapter 24 - Insurers Rehabilitation and Liquidation Act
§ 83-24-1. Short title
§ 83-24-3. Declaration of purpose
§ 83-24-5. Application of chapter
§ 83-24-7. Definitions
§ 83-24-9. Commencement of delinquency proceedings; jurisdiction
§ 83-24-11. Injunctions and orders; application
§ 83-24-13. Cooperation with Commissioner of Insurance; penalty for obstructing or interfering with proceedings; hearings
§ 83-24-15. Commencement of proceedings under former law; application of current provisions
§ 83-24-17. Restrictions on insurer after commencement of delinquency proceedings
§ 83-24-19. Petition for court order for formal delinquency proceeding; content of order; ex parte order; duration of order; affect on contractual obligations; hearings; review of order; notice
§ 83-24-21. Confidentiality of records pertaining to proceedings
§ 83-24-23. Petition for order to rehabilitate domestic insurer or alien insurer domiciled in state; grounds
§ 83-24-25. Rehabilitator designated; affect of order of rehabilitation; affect on contractual obligations
§ 83-24-27. Appointment of special deputies; powers and duties; compensation; counsel; clerical assistants; advisory committee of policyholders, claimants, or other creditors; cost of administration; implementation of legal proceedings; plans for reorganization, etc.; fraudulent transfers
§ 83-24-29. Stay of action or proceeding; statute of limitations; defense of laches; standing to appear in proceedings
§ 83-24-31. Petition for order of liquidation; order of liquidation on grounds of insolvency; petition for order terminating rehabilitation of insurer; restoration of insurer’s interest
§ 83-24-33. Petition for order directing liquidation; grounds
§ 83-24-35. Commissioner, and his successors in office, as liquidator; rights, duties and responsibilities; terms of order to liquidate; financial reports; plan for continuation of insurer’s business
§ 83-24-37. Continuation of insurer’s obligations; termination of coverages
§ 83-24-39. Petition for order to dissolve corporate existence
§ 83-24-41. Powers and duties of liquidator
§ 83-24-43. Notice of liquidation order; filing claims with liquidator
§ 83-24-45. Agent of insurer; duties following notice of liquidation; penalties
§ 83-24-47. Action or proceeding against insurer after order appointing liquidator prohibited; injunctions; action on behalf of insurer; limitation of actions; rights of guaranty association
§ 83-24-49. Preparation of list of insurer’s assets
§ 83-24-51. Transfers by insurer prior to petition for rehabilitation or liquidation; voiding transfers
§ 83-24-53. Transfer of real property of insurer after petition for rehabilitation or liquidation
§ 83-24-55. Preference transfer; voiding
§ 83-24-57. Surrender of preference, lien, conveyance, transfer, assignment or encumbrance by creditor
§ 83-24-59. Mutual debts or mutual credits between insurer and another person; setoff
§ 83-24-61. Report by liquidator after order of liquidation; assessments; notice
§ 83-24-63. Recovery from reinsurers; amount
§ 83-24-65. Payment of premiums; recovery of unearned premiums; credits; setoffs; violation of provisions; penalties; notice of violation; hearing; appeal
§ 83-24-67. Disbursement of assets after final determination of insolvency
§ 83-24-69. Filing proof of claims; late filing
§ 83-24-71. Content of proof of claims
§ 83-24-73. Claim of third party which is contingent on obtaining judgment against insurer; claims due except for passage of time; employment contracts
§ 83-24-75. Third party claim filed with liquidator; insured filing claim; claim subject to coverage by guaranty association
§ 83-24-77. Denial of claim; notice; objection to denial; hearing
§ 83-24-79. Failure of secured creditor to file claim; distribution on claim
§ 83-24-81. Value of security held by secured creditor; determination
§ 83-24-83. Priority of distribution of claims; order of distribution
§ 83-24-85. Review of claims filed in liquidation; reports; power and duty of court
§ 83-24-87. Payment of distributions
§ 83-24-89. Deposit of unpaid funds with State Treasurer; escheat proceedings
§ 83-24-91. Application for order of discharge; costs and expenses
§ 83-24-93. Reopening proceedings after discharge of liquidator; orders
§ 83-24-95. Destruction of records
§ 83-24-97. Audit of books of commissioner relating to receivership established under this chapter; reports; expenses
§ 83-24-99. Commissioner of insurance acting as conservator in absence of appointment of domiciliary liquidator; orders
§ 83-24-101. Application by commissioner for order permitting liquidation of assets found in state of foreign insurer or alien insurer not domiciled in state; notice; filing or recording order; domiciliary liquidator appointed in reciprocal state or nonreciprocal state; payment of claims
§ 83-24-103. Vesting of title to assets in liquidator; filing claim with liquidator or ancillary receiver
§ 83-24-105. Petition for appointment as ancillary receiver; orders
§ 83-24-107. Discretion of commissioner of insurance to institute proceedings
§ 83-24-109. Claimants residing in foreign country or in states not reciprocal states; time requirements; notice; claims by claimants residing in reciprocal states
§ 83-24-111. Liquidation proceeding in reciprocal state against insurer domiciled in that state; claims by residents of Mississippi; notice; hearings; final allowance
§ 83-24-113. Attachment, garnishment or levy of execution against delinquent insurer during pendency of liquidation proceedings
§ 83-24-115. Liquidation proceeding in Mississippi involving one or more reciprocal states; order of distribution; priority of claims; special deposit claims; surrender of secured claim
§ 83-24-117. Failure of ancillary receiver in another state or foreign country to transfer assets to domiciliary liquidator