Conn. Gen. Stat. § 38a-958
(Formerly Sec. 38-476). Commissioner as ancillary receiver for insurers not domiciled in this state
Connecticut · General Statutes of Connecticut Chapter 704c — Insurers Rehabilitation and Liquidation Act and Termination of Domestic Life Insurance Companies · Status: effective
Cite this
- Citation
- Conn. Gen. Stat. § 38a-958, (Formerly Sec. 38-476). Commissioner as ancillary receiver for insurers not domiciled in this state, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2203592
- Permanent ID
ys:prov:2203592@1- SHA-256
0425ac1d5e40fab310d475e0fc7151ad1ed84c6976a662a38cd1f656bf1fa669
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Promptly after the appointment of the commissioner as ancillary receiver for an insurer not domiciled in this state, the commissioner shall determine whether there are claimants residing in this state who are not protected by guaranty funds and if so, whether the protection of such claimants requires the establishing of a claim filing procedure in the ancillary proceeding. If a claim filing procedure is established, claimants against the insurer who reside within this state may file claims either with the ancillary receiver, if any, in this state, or with the domiciliary liquidator. Claims shall be filed on or before the last dates fixed for the filing of claims in the domiciliary liquidation proceeding.
(b) Claims belonging to claimants residing in this state may be proved either in the domiciliary state under the law of that state, or in ancillary proceedings, if any, in this state, provided a claim filing procedure is established in the ancillary proceeding. If a claimant elects to prove his claim in this state, he shall file his claim with the liquidator in the manner provided in sections 38a-937 and 38a-938. The ancillary receiver shall make his recommendation to the court pursuant to section 38a-945. He shall also arrange a date for hearing if necessary pursuant to section 38a-941 and shall give notice to the liquidator in the domiciliary state, either by certified mail or by personal service, at least forty days prior to the date set for hearing. If the domiciliary liquidator, within thirty days after the giving of such notice, gives notice in writing to the ancillary receiver and to the claimant, either by certified mail or by personal service, of his intention to contest the claim, he shall be entitled to appear or to be represented in any proceeding in this state involving the adjudication of the claim.
(c) The final allowance of the claim by the courts of this state shall be accepted as conclusive as to amount and as to priority against special deposits or other security located in this state.