Okla. Stat. tit. 36, § 36-2042
This is the official text of Okla. Stat. tit. 36, § 36-2042, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
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Stay of other proceedings - Judgments may be set aside
Official statutory text
All proceedings in which the insolvent insurer is a party in any
court in this state shall be stayed one hundred eighty (180) days
from the date an order of liquidation, rehabilitation or
conservation is final to permit proper legal action by the Oklahoma
Life and Health Insurance Guaranty 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 the judgment set aside by the same court that made the
judgment and shall be permitted to defend against the suit on the
merits.
court in this state shall be stayed one hundred eighty (180) days
from the date an order of liquidation, rehabilitation or
conservation is final to permit proper legal action by the Oklahoma
Life and Health Insurance Guaranty 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 the judgment set aside by the same court that made the
judgment and shall be permitted to defend against the suit on the
merits.
Status: in_force · Read it on the official government site
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