Current through the 2024 Regular Session
Section 41-809 - RIGHTS OF INSURER DURING SOLVENCYSo long as the insurer remains solvent and is in compliance with this code it may:
(1) Demand, receive, sue for and recover the income from the securities or assets deposited;(2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and(3) At any reasonable time inspect any such deposit.[41-809, added 1961, ch. 330, sec. 178, p. 645.]