State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-3 > Chapter-68 > 23-68-109

23-68-109. Grounds for ancillary liquidation -- Foreign insurers.

The Insurance Commissioner may apply to the court for an order appointing him as ancillary receiver of and directing him to liquidate the business of a foreign insurer having assets, business, or claims in this state upon the appointment in the domiciliary state of the insurer of a receiver, liquidator, conservator, rehabilitator, or other officer by whatever name called for the purpose of liquidating the business of the insurer.

State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-3 > Chapter-68 > 23-68-109

23-68-109. Grounds for ancillary liquidation -- Foreign insurers.

The Insurance Commissioner may apply to the court for an order appointing him as ancillary receiver of and directing him to liquidate the business of a foreign insurer having assets, business, or claims in this state upon the appointment in the domiciliary state of the insurer of a receiver, liquidator, conservator, rehabilitator, or other officer by whatever name called for the purpose of liquidating the business of the insurer.