§ 23-68-109 - Grounds for ancillary liquidation -- Foreign insurers. - Arkansas Statutes

23-68-109. Grounds for ancillary liquidation -- Foreign insurers.

The Insurance Commissioner may apply to the court for an order appointing him as ancillary receiver of and directing him to liquidate the business of a foreign insurer having assets, business, or claims in this state upon the appointment in the domiciliary state of the insurer of a receiver, liquidator, conservator, rehabilitator, or other officer by whatever name called for the purpose of liquidating the business of the insurer.