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§7416

§7416 . Grounds for dissolution of domestic insurer. The superintendent may apply under this article for an order dissolving the corporate existence of a domestic insurer: (i) upon his application for an order of liquidation of its business, or at any time after such order has been granted; or (ii) upon the grounds specified in subsection §7402(m) of this article, regardless of whether an order of liquidation is sought or has been obtained.
Source Data downloaded: 2009-04-09 15: 54: 05;       Processed: 2009-05-08 15: 36: 32


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