Nothing contained in sections 38a-129 , 38a-140 and 38a-962 to 38a-962j , inclusive, shall preclude the commissioner from initiating judicial proceedings to place an insurer in conservation, rehabilitation or liquidation proceedings or other delinquency proceedings, however designated under the laws of this state, regardless of whether the commissioner has previously initiated administrative supervision proceedings under said sections against the insurer.
Conn. Gen. Stat. § 38a-962f
Judicial or other delinquency proceedings
Known as the Insurers Rehabilitation and Liquidation Act
The act spans §§ 38–38 (76 sections).
(P.A. 92-93, S. 38.)
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.