Ohio Life & Health Insurance Guaranty Association

§ 3956.17. Stay of proceedings involving insolvent insurer; default judgments.

 

All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed sixty days from the date an order of rehabilitation or liquidation is final to permit proper legal action by the association on any matters germane to its powers or duties. As to judgment under any decision, order, verdict, or finding based on default, the Ohio life and health guaranty 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.

 

HISTORY: 143 v H 89. Eff 11-20-89.