US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2020 Mississippi Code » Title 83 - Insurance » Chapter 24 - Insurers Rehabilitation and Liquidation Act » § 83-24-117. Failure of ancillary receiver in another state or foreign country to transfer assets to domiciliary liquidator

If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state any assets within his control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under Section 83-24-83(7).