Kansas Statutes 40-3018. Stay of proceedings; actions to set aside judgments and defend suits
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Terms Used In Kansas Statutes 40-3018
- association: means the Kansas life and health insurance guaranty association created under Kan. See Kansas Statutes 40-3005
- Germane: On the subject of the pending bill or other business; a strict standard of relevance.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
- Verdict: The decision of a petit jury or a judge.
All proceedings in which the impaired or insolvent insurer is a party in any court in this state shall be stayed 60 days from the date an order of liquidation, rehabilitation or conservation is final to permit proper legal action by the association on any matters germane to its powers or duties. As to a judgment under any decision, order, verdict or finding based on default the association may apply to have such judgment set aside by the same court that made such judgment and shall be permitted to defend against such suit on the merits.