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§ 83-24-33. Petition for order directing liquidation; grounds

MS Code § 83-24-33 (2019) (N/A)
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(a) Of any ground for an order of rehabilitation as specified in Section 83-24-23, whether or not there has been a prior order directing the rehabilitation of the insurer;

(b) That the insurer is insolvent; or

(c) That the insurer is in such condition that the further transaction of business would be hazardous, financially or otherwise, to its policyholders, its creditors or the public.

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§ 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
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§ 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