Section 500.8157 - Prohibited action or proceeding.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.8157 Prohibited action or proceeding.
Sec. 8157.
during the pendency in this or any other state of a liquidation proceeding, whether called by that name or not, an action or proceeding in the nature of an attachment, garnishment, or levy of execution shall not be commenced or maintained in this state against the delinquent insurer or its assets.
History: Add. 1989, Act 302, Imd. Eff. Jan. 3, 1990
Compiler's Notes: At the beginning of this section, the word “during” evidently should read “During.”
Popular Name: Act 218