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Current as of January 01, 2025 | Updated by Findlaw Staff
All proceedings in which the insolvent insurer is a party in a court in this state must be stayed 60 days from the date an order of liquidation, rehabilitation, or conservation is final to permit proper legal action by the association on matters germane to its powers or duties. As to judgment under a 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 may defend against the suit on the merits.
Cite this article: FindLaw.com - Minnesota Statutes Insurance (Ch. 59A-79a) § 61B.32. Stay of proceedings; reopening default judgments - last updated January 01, 2025 | https://codes.findlaw.com/mn/insurance-ch-59a-79a/mn-st-sect-61b-32/
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