(3) To own purposes of the definition of “insolvency” or “insolvent,” “liabilities” will become, but not end up being limited to, supplies required by rules or by legislation of your institution otherwise specific criteria implemented of the administrator abreast of an enthusiastic insurance company on duration of entry or then thereto.
“Insurer” is sold with everybody else interested since indemnitor or contractor in the market away from life insurance, health insurance or out of annuities and every instance people subject to the fresh supervisory power regarding, or even to liquidation, treatment, reorganization or conservation because of the, the latest commissioner or even the comparable insurance coverage regulator of some other county; everyone cash advance in Wauregan CT purporting to be involved because the indemnitor otherwise company inside the the company out-of life insurance coverage, medical health insurance or out-of annuities within this County; people undergoing team becoming interested given that indemnitor or company on the market regarding life insurance coverage, medical health insurance otherwise off annuities; each fraternal work with society centered pursuant to help you P.L.1959, c.167 (C.A-step 1 ainsi que seq.); all the common work for connection based pursuant to help you Roentgen.; all of the health service organization mainly based pursuant in order to P.L.1938, c.366 (C.-step 1 ainsi que seq.); the wellness service agency situated pursuant to help you P.L.1985, c.236 (C.E-1 et seq.); the medical services firm based pursuant so you’re able to P.L.1940, c.74 (C.A-step one ainsi que seq.); the dental solution business based pursuant in order to P.L.1968, c.305 (C.C-step 1 ainsi que seq.); the dental package business oriented pursuant to help you P.L.1979, c.478 (C.); each health maintenance company based pursuant to P.L.1973, c.337 (C.26:2J-step 1 mais aussi seq.).
D-step one mais aussi seq
“Common allege” form people claim which is accorded consideration of percentage from the general possessions of your own insurer pursuant toward arrangements from the work.
“Mutual state” mode any condition, except that it State, where when you look at the compound and you will effect, subsection an effective. of area 17 and you can parts 51, 52 and 54 as a result of 56 for the work have push, along with and this terms come into push requiring the fresh commissioner otherwise equivalent official getting the newest individual regarding an outstanding insurance carrier, plus hence some supply can be obtained on reduction away from fraudulent conveyances and preferential transfers.
S.-1 mais aussi seq
“Secure allege” form any claim protected from the mortgage, faith action, guarantee, put given that safeguards, escrow, if not; but not and special deposit says otherwise states against standard assets.
“Special put claim” form any claim safeguarded because of the a deposit produced pursuant so you can rules towards the coverage otherwise benefit of a limited group or groups out of people, but not and additionally one claim shielded of the standard property.
“Transfer” will range from the sales and any other and different setting, head otherwise indirect, out-of disposing of or of parting with, assets or with an intention therein, or toward palms thereof, otherwise away from repairing a beneficial lien through to property or abreast of an appeal therein, definitely or conditionally, voluntarily, by otherwise without official procedures. The brand new retention regarding a safety identity to assets taken to a good debtor is going to be considered an exchange sustained by debtor.
5. a good. People person designated inside the a heading significantly less than so it act get within any moment submit an application for, together with Superior Judge get give, including restraining orders, preliminary and permanent injunctions, or other orders as the is considered called for and you will proper so you can prevent:
(9) The and work out of every profit otherwise action to own nonpayment out of taxes or tests that would decrease the worth of the fresh new assets off the latest insurance provider;
(10) The newest withholding on individual out of guides, levels, records or any other info concerning the organization of your own insurer; or
(11) Virtually any endangered otherwise contemplated step which may lower the worthy of of one’s insurer’s possessions otherwise bias the new legal rights off policyholders, financial institutions otherwise investors, or even the administration of every proceeding under which work.