State Codes and Statutes

Statutes > New-york > Isc > Article-74 > 7419

§ 7419. Injunctions. (a) Upon application by the superintendent for an  order  to  show  cause under this article or at any time thereafter, the  court in which such order is made, or any justice  thereof  may  without  notice  issue  an  injunction  restraining  the  insurer,  its officers,  directors, shareholders, members, trustees, agents, servants, employees,  policyholders, attorneys, managers,  and  all  other  persons  from  the  transaction  of its business or the waste or disposition of its property  until further order of the court.    (b) Such court or justice may at any time during  a  proceeding  under  this  article  issue  such  other  injunctions  or  orders  as  it deems  necessary  to  prevent  interference  with  the  superintendent  or  the  proceeding,  or  waste of the assets of the insurer, or the commencement  or prosecution of any actions, the obtaining of preferences,  judgments,  attachments  or  other  liens,  or  the  making  of any levy against the  insurer, its assets or any part thereof.

State Codes and Statutes

Statutes > New-york > Isc > Article-74 > 7419

§ 7419. Injunctions. (a) Upon application by the superintendent for an  order  to  show  cause under this article or at any time thereafter, the  court in which such order is made, or any justice  thereof  may  without  notice  issue  an  injunction  restraining  the  insurer,  its officers,  directors, shareholders, members, trustees, agents, servants, employees,  policyholders, attorneys, managers,  and  all  other  persons  from  the  transaction  of its business or the waste or disposition of its property  until further order of the court.    (b) Such court or justice may at any time during  a  proceeding  under  this  article  issue  such  other  injunctions  or  orders  as  it deems  necessary  to  prevent  interference  with  the  superintendent  or  the  proceeding,  or  waste of the assets of the insurer, or the commencement  or prosecution of any actions, the obtaining of preferences,  judgments,  attachments  or  other  liens,  or  the  making  of any levy against the  insurer, its assets or any part thereof.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Isc > Article-74 > 7419

§ 7419. Injunctions. (a) Upon application by the superintendent for an  order  to  show  cause under this article or at any time thereafter, the  court in which such order is made, or any justice  thereof  may  without  notice  issue  an  injunction  restraining  the  insurer,  its officers,  directors, shareholders, members, trustees, agents, servants, employees,  policyholders, attorneys, managers,  and  all  other  persons  from  the  transaction  of its business or the waste or disposition of its property  until further order of the court.    (b) Such court or justice may at any time during  a  proceeding  under  this  article  issue  such  other  injunctions  or  orders  as  it deems  necessary  to  prevent  interference  with  the  superintendent  or  the  proceeding,  or  waste of the assets of the insurer, or the commencement  or prosecution of any actions, the obtaining of preferences,  judgments,  attachments  or  other  liens,  or  the  making  of any levy against the  insurer, its assets or any part thereof.