State Codes and Statutes

Statutes > New-york > Isc > Article-74 > 7414

§  7414.  Attachment and garnishment of assets. During the pendency of  delinquency proceedings in this or any reciprocal  state  no  action  or  proceeding  in  the  nature  of an attachment, garnishment, or execution  shall be commenced or maintained in the courts of this state against the  delinquent insurer or its assets. Any lien obtained by any  such  action  or  proceeding  within four months prior to the commencement of any such  delinquency proceeding or at  any  time  thereafter  shall  be  void  as  against any rights arising in such delinquency proceeding.

State Codes and Statutes

Statutes > New-york > Isc > Article-74 > 7414

§  7414.  Attachment and garnishment of assets. During the pendency of  delinquency proceedings in this or any reciprocal  state  no  action  or  proceeding  in  the  nature  of an attachment, garnishment, or execution  shall be commenced or maintained in the courts of this state against the  delinquent insurer or its assets. Any lien obtained by any  such  action  or  proceeding  within four months prior to the commencement of any such  delinquency proceeding or at  any  time  thereafter  shall  be  void  as  against any rights arising in such delinquency proceeding.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Isc > Article-74 > 7414

§  7414.  Attachment and garnishment of assets. During the pendency of  delinquency proceedings in this or any reciprocal  state  no  action  or  proceeding  in  the  nature  of an attachment, garnishment, or execution  shall be commenced or maintained in the courts of this state against the  delinquent insurer or its assets. Any lien obtained by any  such  action  or  proceeding  within four months prior to the commencement of any such  delinquency proceeding or at  any  time  thereafter  shall  be  void  as  against any rights arising in such delinquency proceeding.