The word also contains states that have feel liens upon particular assets by reasoning out-of official procedure

(3) Having reason for the word “insolvency” or “insolvent,” “liabilities” should is, not getting restricted to, reserves required by law or of the rules of one’s institution or particular criteria enforced of the commissioner on an insurance company at time of entry otherwise subsequent thereto.

“Insurer” includes people involved as the indemnitor otherwise company in the business from life insurance coverage, health insurance or regarding annuities and every such as person susceptible to brand new supervisory power out-of, or perhaps to liquidation, treatment, reorganization or conservation of the, brand new commissioner or perhaps the similar insurance rates regulator of another county; every person purporting are interested given that indemnitor otherwise company when you look at the the firm regarding life insurance policies, health insurance or out-of annuities in this County; everyone in the process of organization being involved because the indemnitor or specialist on the market from life insurance policies, medical insurance or of annuities; and every fraternal work with people dependent pursuant to P.L.1959, c.167 (C.A-1 et seq.); all mutual work with relationship based pursuant so you’re able to R.; every healthcare service organization situated pursuant so you’re able to P.L.1938, c.366 (C.-step 1 mais aussi seq.); all the wellness services enterprise founded pursuant so you’re able to P.L.1985, c.236 (C.E-step 1 mais aussi seq.); most of the medical solution company founded pursuant to help you P.L.1940, c.74 (C.A-1 et seq.); the dental solution firm founded pursuant so you’re able to P.L.1968, c.305 (C.C-step one mais aussi seq.); all of the dental plan providers dependent pursuant to P.L.1979, c.478 (C.); and each health maintenance company centered pursuant so you’re able to P.L.1973, c.337 (C.26:2J-1 mais aussi seq.).

D-1 et seq

“Common claim” form people allege that is accorded priority of commission on the general property of your insurance carrier pursuant into the provisions on the operate.

“Mutual state” mode one state, apart from this Condition, in which within the substance and feeling, subsection a beneficial. of part 17 and you can areas 51, 52 and you can 54 through 56 associated with the operate are in force, plus in and that provisions have force requiring this new commissioner or equivalent specialized is the newest recipient of an unpaid insurer, along with and this some provision can be found toward prevention out-of deceptive conveyances and you will preferential transfers.

S.-1 et seq

“Shielded claim” mode people allege protected because of the home loan, faith deed, guarantee, put due to the fact shelter, escrow, or otherwise; not in addition to special put claims otherwise states up against general assets.

“Unique deposit claim” form any allege secured from the a deposit produced pursuant so you can rules towards coverage or advantageous asset of a restricted category otherwise groups away from people, yet not and one allege safeguarded by the standard property.

“Transfer” should are the profit and every other and other form, head otherwise indirect, of losing or of separating having, assets otherwise with an interest therein, otherwise towards the hands thereof, otherwise regarding restoring good lien up on possessions otherwise through to an appeal therein, definitely otherwise conditionally, voluntarily, by or in quick and easy low pay installment loan Oregon place of official process. The newest maintenance off a protection name so you’re able to property taken to a good debtor shall be considered a transfer sustained because of the debtor.

5. a great. One person appointed from inside the a going significantly less than which act could possibly get during the any time get, additionally the Superior Courtroom get offer, eg restraining orders, first and you can long lasting injunctions, and other orders just like the can be deemed expected and right so you’re able to prevent:

(9) The newest while making of every sale otherwise deed to have nonpayment regarding fees otherwise examination who decrease the worth of brand new assets out of the new insurance company;

(10) The newest withholding from the receiver of guides, levels, files or other information concerning the organization of one’s insurance company; or

(11) Almost every other endangered or contemplated step that may reduce the worthy of of your insurer’s property or prejudice brand new rights off policyholders, creditors otherwise shareholders, or even the government of any proceeding less than that it work.