2015 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

MS Code § 83-24-117 (2015) What's This?

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).

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