2017 Missouri Revised Statutes
Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 375 Provisions Applicable to All Insurance Companies
Section 375.1246 Nonresident ancillary receiver, claims filed with — priority.

Universal Citation: MO Rev Stat § 375.1246 (2017)

Effective 28 Aug 1991

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 375

375.1246. Nonresident ancillary receiver, claims filed with — priority. — 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 allocated loss adjustment expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be considered a class 7 claim as provided by section 375.1218.

(L. 1991 H.B. 385, et al. § 108)

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