N.Y. ISC Law § 7414
This is the official text of N.Y. ISC Law § 7414, part of New York’s ISC Law — part of the compiled statutory law of New York, published by the state as "ISC Law." Browse the sections below, each linked to its official government source.
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Attachment and garnishment of assets
Official statutory text
§ 7414. Attachment and garnishment of assets. During the pendency of\ndelinquency proceedings in this or any reciprocal state no action or\nproceeding in the nature of an attachment, garnishment, or execution\nshall be commenced or maintained in the courts of this state against the\ndelinquent insurer or its assets. Any lien obtained by any such action\nor proceeding within four months prior to the commencement of any such\ndelinquency proceeding or at any time thereafter shall be void as\nagainst any rights arising in such delinquency proceeding.\n
Status: in_force · Read it on the official government site
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