31A-28-118 - Stay of proceedings -- Reopening default judgments.
31A-28-118. Stay of proceedings -- Reopening default judgments.
(1) A proceeding in which the insolvent insurer is a party in any court in this state shallbe stayed 180 days from the date an order of liquidation, rehabilitation, or conservation is final topermit proper legal action by the association on any matters germane to its powers or duties.
(2) The association may apply to have a judgment under any decision, order, verdict, orfinding based on default set aside by the same court that made the judgment. The associationshall be permitted to defend against the suit on the merits.
Amended by Chapter 292, 2010 General Session