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Del. Code 18, § 4418 : Insurance Code — Delaware Life And Health Insurance Guaranty Association Act — Stay of proceedings; reopening default judgments

Current through 2016 Legislative Session, Act 399

All proceedings in which the insolvent insurer is a party in any court in this State shall be stayed 180 days from the date an order of liquidation, rehabilitation or conservation is final to permit proper legal action by the Association on any matters germane to its powers or duties. As to judgment under any decision, order, verdict or finding based on default the Association may apply to have such judgment set aside by the same court that made such judgment and shall be permitted to defend against such suit on the merits.

Del. C. § 4418
63 Del. Laws, c. 442, §1; 77 Del. Laws, c. 215, § 13.;