Reciprocal state definition

Reciprocal state means a state other than this state in which section 507C.18, subsection 1, sections 507C.52 and 507C.53 and sections 507C.55 through 507C.57 are in force, and in which provisions are in force requiring that the commissioner or equivalent official be the receiver of a delinquent insurer, and in which some provision exists for the avoidance of fraudulent conveyances and preferential transfers.
Reciprocal state means any state other than this state in
Reciprocal state means any state or territory of the United States the laws of which contain procedures substantially similar to those specified in this section for the enforcement of decrees or orders in equity issued by courts located in other states or territories of the United States, against any insurer incorporated or authorized to do business in said state or territory.

Examples of Reciprocal state in a sentence

  • Reciprocal state" means any state the laws of which contain procedures substantially similar to those specified in this chapter for the enforcement of decrees or orders in equity issued by courts located in other states, against any insurance company incorporated or authorized to do business in that state.

  • However, see the county tax instructions for Reciprocal state residents on page 57 if these wages were earned in an Indiana county that has a county tax.

  • Please refer to the section headed “Takeovers Code Implications” of this announcement for details.An application has been made by the Company to the SFC Executive for its consent of the Special Deal (Management Incentive Scheme).

  • The provisions of this Section may be waived by the Director upon a clear affirmative showing that the applicant is defending an action in law or equity in a court of this state.L. Reciprocal state -- The list of the states and territories qualified as reciprocal states, and maintained by the Director pursu- ant to the authority and instruction of A.R.S. § 20-401.04 is by reference made part of this rule.M. Effective date1.

  • Reciprocal state" means any state other than this state in which in substance and effect sections 41-3318 (1), 41-3352, 41-3353 and 41-3355 through 41-3357, Idaho Code, are in force, and in which provisions are in force requiring that the director or equivalent official be the receiver of a delinquent insurer, and in which some provision exists for the avoidance of fraudulent conveyances and preferential transfers.


More Definitions of Reciprocal state

Reciprocal state means a state that has:
Reciprocal state means any state other than this State in which in substance and effect the provisions of the Uniform Insurers Liquidation Act, as defined in section 23 of this act are in force, including the provisions requiring that the commissioner or equivalent insurance supervisory official be the receiver of a delinquent insurer.
Reciprocal state means a state whose statute allows Iowa’s state chartered credit unions to establish branch offices in that state.
Reciprocal state means a state that is a party to an agreement under section 1533.91 of the Revised Code.
Reciprocal state means any state other than this State in which in substance and effect the uniform insurers liquidation act, as defined in section 4363, is in force, including provisions requiring that the Insurance Superintendent or equivalent insurance supervisory official be the receiver of a delinquent insurer, and in which effective provisions exist for avoidance of fraudulent conveyances and unlawful preferential transfers.
Reciprocal state means any state other than this state in which in substance and effect ss.645.42 (1), 645.83 (1) and (3),
Reciprocal state means any state other than this State in which in substance and effect subsection (a) of Section 38‑27‑370, Section 38‑27‑930, Section 38‑27‑940, and Sections 38‑27‑960 through 38‑27‑980 are in force, and in which provisions are in force requiring that the director, his designee, or equivalent official be the receiver of a delinquent insurer, and in which some provision exists for the avoidance of fraudulent conveyances and preferential transfers.