All proceedings in which the insolvent insurer is a party or is obligated to defend a party in any court in this state shall, subject to waiver by the association in specific cases, be stayed for 6 months and such additional time thereafter as may be determined by the court from the date the insolvency is determined or an ancillary proceeding is instituted in this state, whichever is later.
N.H. Rev. Stat. Ann. § 404-H:18
Stay of Proceedings
Known as the New Hampshire Insurance Guaranty Association Act
The act spans §§ 404-H:1 to 404-H:9 (20 sections).
Source. 2004, 197:1, eff
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.