Chapter 48.31 RCW

MERGERS, REHABILITATION, LIQUIDATION, SUPERVISION

Sections
Merger or consolidation.
DefinitionsInsurer, exceeded its powers, consent.
InsurerSelf-funded multiple employer welfare arrangement.
Confidentiality of documents, materials, or other informationCommissioner's capacity as a receiver.
RehabilitationGrounds.
RehabilitationOrderTermination.
Rehabilitation order against insurerInsurer is party to action or proceedingStay the actionStatute of limitations or defense of laches.
LiquidationGrounds.
LiquidationOrder.
LiquidationAlien insurers.
Conservation of assetsForeign insurers.
Conservation of assetsAlien insurers.
Foreign or alien insurersConservation, ancillary proceedings.
Conduct of proceedingsRequirement to cooperateDefinitionsViolationsPenalties.
Commencement of delinquency proceeding by commissionerJurisdiction of courts.
Immunity from suit and liabilityPersons entitled to protection.
Court order for a formal delinquency proceedingCommissioner may petitionInsurer may petition for hearing and review.
Order of liquidationTermination of coverage.
Appointment of liquidatorActions at law or equityStatute of limitations or defense of laches.
Recovery from reinsurersNot reduced by delinquency proceedingsDirect payment to insured.
Responsibility for payment of a premiumEarned or unearned premiumViolationsPenaltiesRights of party aggrieved.
Liquidator denies claimWritten noticeObjections of claimantCourt hearing.
Creditor's claim against insurer is secured by other personSubrogated rightsAgreements concerning distributions.
Unclaimed fundsLiquidator's application for dischargeDeposits with the department of revenue.
After termination of liquidation proceedingGood cause to reopen proceedings.
Domiciliary receiver not appointedCourt order to liquidateNoticeDomiciliary receiver appointed in other state.
Domiciliary liquidatorReciprocal stateNonreciprocal stateCommissioner's duties.
Foreign or alien insurerProperty located in this stateCommissioner's discretion.
Liquidation proceedingsOne or more reciprocal statesDistributionsSpecial deposit claimsSecured claims.
Ancillary receiver in another state or foreign countryFailure to transfer assets.
Receiver's proposal to disperse assets upon liquidationApplication for approvalContents of proposalNotice of application.
Commencement of proceedingVenueEffect of appellate review.
Injunctions.
Change of venue.
Deposit of moneys collected.
Exemption from filing fees.
Borrowing on pledge of assets.
LiquidationDate rights, liabilities fixed.
Voidable transfers.
Priority and order of distribution of claims.
Offsets.
Allowance of contingent and other claims.
Time to file claims.
Report for assessment.
Levy of assessment.
Order for payment of assessment.
Publication, transmittal of assessment order.
Judgment upon the assessment.
Administrative supervisionConditionsNotice and hearing.
Administrative supervisionConfidentiality.
Administrative supervisionStandards and proceduresLimitations on insurer.
Administrative supervisionInsurer may contest.
Administrative supervisionNo limitation on judicial proceedings.
Administrative supervisionCommissioner contacts.
Administrative supervisionChapters 48.04 and 34.05 RCW.
Administrative supervisionRules.
NOTES:
Dissolution of business corporation: Chapter 23B.14 RCW.
Uniform insurers liquidation act: Chapter 48.99 RCW.
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