83-24-117 - Failure of ancillary receiver in another state or foreign country to transfer assets to domiciliary liquidator. - Mississippi Statutes

§ 83-24-117. Failure of ancillary receiver in another state or foreign country to transfer assets to domiciliary liquidator.
 

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). 
 

Sources: Laws,  1991, ch. 417, § 59, eff from and after passage (approved March 20, 1991).