{"data":{"id":"us-ak/as-21.79.150","jurisdiction":"us-ak","citation":"AS 21.79.150","heading":"Stay of proceedings; default judgment.","body":"Proceedings involving an insolvent insurer shall be stayed at least 180 days after the date of a final order of liquidation, rehabilitation, or conservation in order to allow the association to exercise a power or duty authorized under this chapter. If a default judgment is entered against an insolvent insurer, the association may apply to have the judgment set aside or may defend against the action on its merits.","path":["Title 21. Insurance.","Chapter 79. Alaska Life and Health Insurance Guaranty Association Act."],"source_url":"https://www.akleg.gov/basis/statutes.asp#21.79.150","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:17:40Z","sha256":"9dfd37a10db6f753c0e1c28e2effc79359b06c3b87d4123585dcc1158d34f612","source_id":"us-ak","stale":false,"prev":"us-ak/as-21.79.140","next":"us-ak/as-21.79.160"},"notice":"GroundRules: Original legal text. Not legal advice."}