Del. Code tit. 18 § 4418

Current through 2024 Legislative Session Act Chapter 510

Section 4418 - Stay of proceedings; reopening default judgments

All proceedings in which the insolvent insurer is a party in any court in this State shall be stayed 180 days from the date an order of liquidation, rehabilitation or conservation 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 Association may apply to have such judgment set aside by the same court that made such judgment and shall be permitted to defend against such suit on the merits.

18 Del. C. § 4418

63 Del. Laws, c. 442, §1; 77 Del. Laws, c. 215, § 13.;