The commissioner may apply to the court for an order appointing him as ancillary receiver of, and directing him to liquidate, the business of a foreign insurer having assets, business, or claims in this state upon the appointment in the domiciliary state of such insurer of a receiver, liquidator, conservator, rehabilitator, or other
officer by whatever name called for the purpose of liquidating the business of such insurer.
History: (Acts 1971, No. 407, p. 707, §629.)