This chapter shall not apply to any life and health insurer, with respect to which an order, decree, judgement or finding of insolvency, whether preliminary or temporary in nature, or order of rehabilitation or conservation has been issued by a court of competent jurisdiction prior to January 1, 2020, or which was otherwise in fact insolvent prior to January 1, 2020.
Prospective application
22 V.I.C. § 248 — under Virgin Islands Insurance Guaranty Association Act.
22 V.I.C. § 248