PARRIS N. GLENDENING, Governor

Ch. 11

"recovering] ... and reducing] the same to possession" for consistency with
subsection (c) of this section.

In subsection (c) of this section, the former references to "recording" and
"recorded" are deleted as surplusage in light of the references to "filing" and
"filed".

In subsection (d)(3) of this section, the reference to the "Commissioner" is
substituted for the former reference to the "domiciliary receiver" for
consistency within subsection (d) of this section.

As to the effect of this section as part of the Uniform Insurers Liquidation
Act, see § 9-202 of this subtitle.

Defined terms: "Alien insurer" § 1-101
"Commissioner" § 1-101
"Delinquency proceeding" § 9-201
"Domestic insurer" § 1-101
"Receiver" § 9-201
"Reciprocal state" § 9-201
"State" § 9-201

9-219. ADMINISTRATION OF ASSETS OF INSURERS NOT DOMICILED IN STATE.

(A)     IN GENERAL.

(1)     WHENEVER UNDER THIS SUBTITLE AN ANCILLARY RECEIVER IS TO
BE APPOINTED IN A DELINQUENCY PROCEEDING FOR AN INSURER NOT DOMICILED
IN THE STATE, THE COURT SHALL APPOINT THE COMMISSIONER AS ANCILLARY
RECEIVER.

(2)     THE COMMISSIONER SHALL FILE A PETITION REQUESTING
APPOINTMENT AS ANCILLARY RECEIVER UNDER § 9-211(E) OF THIS SUBTITLE IF:

(I)      THE COMMISSIONER FINDS THAT THERE ARE SUFFICIENT
ASSETS OF THE INSURER LOCATED IN THE STATE TO JUSTIFY THE APPOINTMENT OF
AN ANCILLARY RECEIVER; OR

(II)     TEN OR MORE PERSONS RESIDENT IN THE STATE WITH CLAIMS
AGAINST THE INSURER FILE A PETITION WITH THE COMMISSIONER REQUESTING
THE APPOINTMENT OF AN ANCILLARY RECEIVER.

(B)     RIGHTS AND POWERS OF DOMICILIARY RECEIVER.

FOR THE PURPOSE OF LIQUIDATING AN INSURER DOMICILED IN A
RECIPROCAL STATE, THE DOMICILIARY RECEIVER:

(1) IS VESTED BY OPERATION OF LAW WITH TITLE TO ALL OF THE
PROPERTY, CONTRACTS, AND RIGHTS OF ACTION, AND ALL OF THE BOOKS AND
RECORDS OF THE INSURER LOCATED IN THIS STATE;

- 269 -