Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 20. Insurance |
Chapter 3. FINANCIAL PROVISIONS AND PROCEDURES |
Article 4. Rehabilitation and Liquidation |
Sec 20-635. Rights and liabilities fixed as of date liquidation order filed
Latest version.
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The rights and liabilities of the insurer and of its creditors, policyholders, stockholders, members, subscribers and all other persons interested in its estate shall, unless otherwise directed by the court, be fixed as of the date on which the order directing the liquidation of the insurer is filed in the office of the clerk of the court which made the order, subject to the provisions of this article with respect to the rights of claimants holding contingent claims.