TITLE 27
Insurance

CHAPTER 27-14.4
Uniform Insurers Liquidation Act

SECTION 27-14.4-9


§ 27-14.4-9 Proof of controverted claims of nonresidents.

Controverted claims belonging to claimants residing in reciprocal states may either: (1) be proved in this state as provided by law, or (2) if ancillary proceedings have been commenced in those reciprocal states, be proved in those proceedings. In the event a claimant elects to prove his or her claim in ancillary proceedings, if notice of the claim and opportunity to appear and be heard is afforded the domiciliary receiver of this state as provided in § 27-14.4-11 with respect to ancillary proceedings in this state, the final allowance of that claim by the courts in the ancillary state shall be accepted in this state as conclusive as to its amount, and shall also be accepted as conclusive as to its priority, if any, against special deposits or other security located within the ancillary state.

History of Section.
(P.L. 1994, ch. 141, § 2.)