61B.32 STAY OF PROCEEDINGS; REOPENING DEFAULT JUDGMENTS.
All proceedings in which the insolvent insurer is a party in a court in this state must be
stayed 60 days from the date an order of liquidation, rehabilitation, or conservation is final to
permit proper legal action by the association on matters germane to its powers or duties. As to
judgment under a decision, order, verdict, or finding based on default, the association may apply
to have the judgment set aside by the same court that made the judgment and may defend against
the suit on the merits.
History: 1993 c 319 s 17