Alaska Statutes 21.78.080 – Grounds for ancillary liquidation
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 21.78.080
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
The director may apply to the court for an order appointing the director as ancillary receiver of and directing the director 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.