Idaho Code § 41-4318

Current through the 2024 Regular Session
Section 41-4318 - STAY OF PROCEEDING - REOPENING DEFAULT JUDGMENTS

All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed one hundred eighty (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.

Idaho Code § 41-4318

[41-4318, added 2011, ch. 196, sec. 2, p. 577.]
Added by 2011 Session Laws, ch. 196,sec. 2, eff. 7/1/2011.