§ 27-34-17 Stay of proceedings. –
All proceedings in which the insolvent insurer is a party or is obligated to
defend a party in any court in this state shall, subject to waiver by the
association in specific cases involving covered claims, be stayed for six (6)
months and such additional time as may be determined by the court from the date
the insolvency is determined or an ancillary proceeding is instituted in this
state, whichever is later, to permit proper defense by the association of all
pending causes of action. The liquidator, receiver, or statutory successor of
an insolvent insurer covered by this chapter shall permit access by the board
or its authorized representative to such of the insolvent insurer's records
that are necessary for the board in carrying out its functions under this
chapter with regard to covered claims. In addition, the liquidator, receiver,
or statutory successor shall provide the board or its representative with
copies of the records upon the request by the board and at the expense of the
board.
(P.L. 1988, ch. 407, § 2; P.L. 2010, ch. 91, § 1; P.L. 2010, ch. 117,
§ 1.)