375.1246. Nonresident ancillary receiver, claims filed with — priority. — If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state any assets within his control other than special deposits, diminished only by the allocated loss adjustment expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be considered a class 7 claim as provided by section 375.1218.
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(L. 1991 H.B. 385, et al. § 108)
---- end of effective 28 Aug 1991 ----
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