(3) To possess purposes of the phrase «insolvency» otherwise «insolvent,» «liabilities» shall tend to be, yet not feel limited by, supplies required by rules or of the regulations of your own service or particular requirements implemented from the administrator upon an enthusiastic insurer at lifetime of entry otherwise next loans in Vineland thereto.
«Insurer» comes with everyone engaged since the indemnitor or builder on the market from insurance, health insurance otherwise out-of annuities and every like people susceptible to the brand new supervisory power from, or even to liquidation, rehabilitation, reorganization or maintenance of the, the new commissioner or perhaps the equivalent insurance regulator of some other condition; anyone purporting to be involved because the indemnitor or builder for the the business away from coverage, health insurance or out-of annuities contained in this Condition; anyone in the process of providers being involved because the indemnitor or contractor in the industry out-of life insurance coverage, health insurance or out-of annuities; and every fraternal benefit community created pursuant so you’re able to P.L.1959, c.167 (C.A-step one ainsi que seq.); every mutual work for association built pursuant to help you Roentgen.; most of the medical service enterprise based pursuant to help you P.L.1938, c.366 (C.-step one mais aussi seq.); all the wellness service business depending pursuant so you’re able to P.L.1985, c.236 (C.E-step one et seq.); all the scientific service company created pursuant so you’re able to P.L.1940, c.74 (C.A-1 et seq.); all the dental provider organization founded pursuant to help you P.L.1968, c.305 (C.C-step 1 ainsi que seq.); all dental package providers mainly based pursuant to help you P.L.1979, c.478 (C.); and each fitness fix providers built pursuant to help you P.L.1973, c.337 (C.26:2J-1 mais aussi seq.).
D-1 ainsi que seq
«Well-known allege» mode one allege that’s accorded consideration regarding commission about standard property of insurer pursuant into the conditions associated with the act.
«Mutual state» form any state, aside from this Condition, where when you look at the material and you will feeling, subsection a. off point 17 and you can parts 51, 52 and you will 54 due to 56 regarding the work come in force, plus in hence specifications have push demanding the latest commissioner or equivalent specialized is the brand new recipient regarding a delinquent insurance provider, plus in and that some provision is obtainable into prevention out of fraudulent conveyances and preferential transmits.
S.-step 1 et seq
«Safeguarded allege» means one claim safeguarded of the mortgage, faith action, hope, deposit since the defense, escrow, if not; but not plus unique deposit claims otherwise states facing general assets.
«Special deposit claim» setting people allege protected of the in initial deposit produced pursuant so you’re able to rules towards the safety or benefit of a limited classification or classes out of persons, although not together with one allege protected because of the general property.
«Transfer» should are the revenue and any other as well as other mode, head otherwise secondary, from disposing of or away from parting having, assets otherwise with an interest therein, otherwise into the arms thereof, or from restoring a beneficial lien upon possessions or on an appeal therein, surely otherwise conditionally, voluntarily, from the or as opposed to judicial procedures. The fresh preservation from a safety title so you can assets delivered to an effective borrower is considered an exchange suffered from the debtor.
5. an effective. People receiver designated within the a heading lower than it act can get within at any time get, together with Superior Courtroom can get offer, eg restraining sales, initial and you will permanent injunctions, or other requests because could be considered needed and proper in order to prevent:
(9) The newest and work out of every income otherwise deed to own nonpayment out of taxes otherwise assessments that would lessen the property value this new possessions off the newest insurance carrier;
(10) New withholding throughout the receiver off instructions, membership, data or other records relating to the organization of insurance provider; or
(11) Any other threatened or contemplated action that may lower the really worth of insurer’s assets or prejudice the fresh liberties off policyholders, creditors or shareholders, or the administration of any continuing significantly less than this act.