The expression also includes says with getting liens abreast of certain possessions by reason out of official processes
(3) To possess purposes of the phrase “insolvency” otherwise “insolvent,” “liabilities” should become, yet not feel restricted to, reserves required by law otherwise by laws of one’s agency or certain conditions implemented from the administrator upon an enthusiastic insurance provider at the lifetime of entry otherwise next thereto.
“Insurer” has anyone interested as indemnitor otherwise company in the industry of life insurance policies, medical insurance otherwise of annuities and every eg individual subject to this new supervisory power off, or even liquidation, rehab, reorganization or maintenance of the, brand new administrator and/or similar insurance policies regulator of some other condition; anyone purporting is engaged as indemnitor otherwise specialist in the the business off life insurance, health insurance otherwise out of annuities in this County; everybody else undergoing providers to become involved since the indemnitor otherwise builder on the market from coverage, medical insurance otherwise regarding annuities; each fraternal work with society centered pursuant to P.L.1959, c.167 (C.A-step 1 ainsi que seq.); all of the mutual benefit organization built pursuant to help you Roentgen.; the healthcare service enterprise mainly based pursuant so you’re able to P.L.1938, c.366 (C.-1 ainsi que seq.); all wellness service corporation created pursuant to P.L.1985, c.236 (C.E-1 mais aussi seq.); most of the medical services organization oriented pursuant to help you P.L.1940, c.74 (C.A-step 1 mais aussi seq.); most of the dental service organization situated pursuant so you’re able to P.L.1968, c.305 (C.C-1 ainsi que seq.); most of the dental care plan providers based pursuant so you can P.L.1979, c.478 (C.); each fitness restoration company based pursuant to help you P.L.1973, c.337 (C.26:2J-step 1 et seq.).
D-step 1 mais aussi seq
“Well-known claim” mode any allege which is accorded priority out of fee regarding general possessions of your own insurance provider pursuant for the conditions from the work.
“Reciprocal state” setting people condition, aside from this Condition, in which in material and you may effect, subsection a. regarding part 17 and you can parts 51, 52 and 54 as a result of 56 associated with operate can be found in push, plus and this provisions have been in force requiring brand new commissioner otherwise equivalent specialized to be the new person of a delinquent insurance carrier, and also in hence particular supply is present for the reduction out of fraudulent conveyances and you can loan places Hawleyville preferential transmits.
S.-1 mais aussi seq
“Covered allege” setting any allege covered by financial, faith deed, vow, put due to the fact safeguards, escrow, otherwise; however plus special deposit states otherwise claims up against general assets.
“Unique deposit allege” mode people allege shielded by a deposit generated pursuant in order to legislation towards safety or benefit of a finite class otherwise classes regarding people, yet not and one allege secured of the general possessions.
“Transfer” shall include the business and any other and different form, head otherwise secondary, out of disposing of or out of separating with, assets or with an intention therein, otherwise toward possession thereof, or of fixing a lien up on possessions or upon an interest therein, surely otherwise conditionally, willingly, by otherwise instead judicial proceedings. New storage from a security identity to help you property delivered to a great debtor shall be deemed a transfer sustained by the debtor.
5. a beneficial. Any individual designated from inside the a going around that it operate can get during the at any time get, and Advanced Court can get offer, such as restraining orders, first and you may long lasting injunctions, or other commands just like the tends to be deemed requisite and correct to help you prevent:
(9) The latest and work out of every product sales otherwise deed for nonpayment from taxes or assessments who reduce the value of this new possessions out-of the brand new insurer;
(10) The newest withholding about recipient from books, membership, data files or other suggestions concerning the team of your insurance company; otherwise
(11) Any kind of endangered or considered step which could reduce the well worth of insurer’s possessions or prejudice the brand new liberties regarding policyholders, loan providers or shareholders, and/or government of every continuing below so it work.
