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
Stay of proceedings — Reopening default judgments
Known as the Idaho Life and Health Insurance Guaranty Association Act
The act spans §§ 41–41 (20 sections).
I.C., § 41-4318, as added by 2011, ch. 196, § 2, p. 558.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.