§412:2-405  Removal or replacement ofconservator or receiver.  The commissioner may remove or replace aconservator or receiver other than a federal insurer effective upon noticethereof, and with or without cause.  Such removal or replacement shall not subjecteither the commissioner or the court to any liability to the conservator orreceiver.  Such removal or replacement shall not affect the financialinstitution's right to obtain judicial review of the commissioner's originaldecision to appoint a conservator or receiver under section 412:2-401. [L 1993,c 350, pt of §1]