§ 58-30-285. Claims of nonresidents against insurers domiciled in this State. - North Carolina Statutes

§58‑30‑285.  Claims of nonresidents against insurers domiciled inthis State.

(a)        In a liquidationproceeding begun in this State against an insurer domiciled in this State,claimants residing in foreign countries or in states not reciprocal states mustfile claims in this State, and claimants residing in reciprocal states may fileclaims either with the ancillary receivers, if any, in their respective states,or with the domiciliary liquidator.  Claims must be filed on or before the lastdate fixed for the filing of claims in the domiciliary liquidation proceeding.

(b)        Claims belonging toclaimants residing in reciprocal states may be proved either in the liquidationproceeding in this State as provided in this Article, or in ancillaryproceedings, if any, in the reciprocal states.  If notice of the claims andopportunity to appear and be heard is afforded the domiciliary liquidator ofthis State as provided in G.S. 58‑30‑290(b) with respect toancillary proceedings, the final allowance of claims by the courts in ancillaryproceedings in reciprocal states shall be conclusive as to amount and as topriority against special deposits or other security located in such ancillarystates, but shall not be conclusive with respect to priorities against generalassets under G.S. 58‑30‑220. (1989, c. 452, s. 1.)