(3) Getting purposes of the expression “insolvency” or “insolvent,” “liabilities” should include, however getting limited by, supplies required by legislation or because of the laws and regulations of the agencies or specific criteria enforced of the commissioner on a keen insurance provider during the time of entry otherwise after that thereto.
“Insurer” boasts everybody else interested given that indemnitor or builder on the market away from term life insurance, medical insurance otherwise off annuities and each such as person at the mercy of this new supervisory power out-of, or perhaps to liquidation, rehabilitation, reorganization otherwise preservation by, the new commissioner and/or similar insurance coverage regulator of another state; anyone purporting to get engaged as the indemnitor or builder in the firm out of life insurance coverage, health insurance otherwise away from annuities inside State; people in the process of team becoming interested just like the indemnitor or specialist on the market off life insurance policies, health insurance otherwise away from annuities; each fraternal work for community mainly based pursuant so you’re able to P.L.1959, c.167 (C.A-step 1 ainsi que seq.); most of the mutual benefit connection based pursuant so you can Roentgen.; all medical solution organization mainly based pursuant in order to P.L.1938, c.366 (C.-1 et seq.); most of the fitness provider corporation centered pursuant so you’re able to P.L.1985, c.236 (C.E-1 mais aussi seq.); all scientific solution firm founded pursuant so you’re able to P.L.1940, c.74 (C.A-step 1 ainsi que seq.); all dental care services firm centered pursuant so you’re able to P.L.1968, c.305 (C.C-step 1 ainsi que seq.); every dental bundle organization situated pursuant to P.L.1979, c.478 (C.); and every fitness maintenance team built pursuant to P.L.1973, c.337 (C.26:2J-step 1 mais aussi seq.).
D-1 ainsi que seq
“Prominent claim” function any allege that is accorded top priority off payment about standard assets of one’s insurance provider pursuant on arrangements regarding the act.
“Reciprocal county” form one county, besides which County, in which inside material and you may impact, subsection a beneficial. out of part 17 and you may areas 51, 52 and you may 54 through 56 regarding the act are located in push, along with and therefore terms have been in push demanding brand new administrator otherwise comparable authoritative are the newest individual out-of an unpaid insurance carrier, as well as in and therefore particular provision can be found on the prevention out of fake conveyances and preferential transmits.
S loans Stevens Village.-step 1 ainsi que seq
“Safeguarded allege” mode people claim covered of the home loan, faith action, guarantee, put once the safeguards, escrow, if not; although not along with unique put states or states facing general property.
“Special deposit allege” mode people allege secured from the in initial deposit generated pursuant to rules into the protection or advantage of a limited group otherwise kinds off persons, yet not in addition to people claim covered from the standard possessions.
“Transfer” shall range from the marketing and every other as well as other setting, head or secondary, away from losing or from separating which have, property otherwise with an intention therein, otherwise to your hands thereof, otherwise off fixing a beneficial lien up on possessions otherwise abreast of an attraction therein, surely or conditionally, voluntarily, of the otherwise without official proceedings. This new maintenance of a safety name in order to assets delivered to a good debtor will likely be deemed an exchange sustained of the debtor.
5. an effective. Any person appointed for the a going below which act could possibly get within at any time submit an application for, and also the Premium Courtroom get offer, such restraining orders, original and you will permanent injunctions, or other purchases because tends to be deemed called for and you can correct to prevent:
(9) The brand new and make of any selling or action to own nonpayment away from taxation otherwise assessments who reduce steadily the worth of brand new possessions away from new insurance provider;
(10) The withholding on the person regarding books, account, data files or any other information concerning the business of insurance company; or
(11) Every other threatened or considered step which could reduce steadily the value of your own insurer’s assets otherwise prejudice new rights out-of policyholders, financial institutions otherwise investors, or the management of every proceeding under it operate.