§ 27-1-21 - Failure to deliver property or records to receiver.
SECTION 27-1-21
§ 27-1-21 Failure to deliver property orrecords to receiver. – If the president, secretary, treasurer, agent, or servant of any insurancecompany which is enjoined as provided in this chapter, or any other person uponbeing required, neglects or refuses to deliver to the receiver or receivers ofthe corporation, who may be appointed by virtue of this chapter, evidences ofdebt, goods, effects, books, papers, and other evidences of property of everydescription belonging to the corporation as may be in his or her possession orunder his or her control, he or she shall be fined not exceeding ten thousanddollars ($10,000) or be imprisoned not exceeding three (3) years, or be bothfined and imprisoned at the discretion of the court.