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This entry was published on 2014-09-22
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Grounds for dissolution of domestic insurer
Insurance (ISC) CHAPTER 28, ARTICLE 74
§ 7416. Grounds for dissolution of domestic insurer. The
superintendent may apply under this article for an order dissolving the
corporate existence of a domestic insurer: (i) upon his application for
an order of liquidation of its business, or at any time after such order
has been granted; or (ii) upon the grounds specified in subsection (m)
of section seven thousand four hundred two of this article, regardless
of whether an order of liquidation is sought or has been obtained.