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RSA 402-C:61 · Subordination of Claims for Noncooperation

402-C:61 Subordination of Claims for Noncooperation. – 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 RSA 402-C:44, VIII. Source. 1969, 272:1. 1998, 99:5, eff. July 19, 1998.

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Source note

Source. 1969, 272:1. 1998, 99:5, eff. July 19, 1998.

Source history

  • 1969, 272:1
  • 1998, 99:5, eff. July 19, 1998