{"data":{"id":"us-ky/krs-304.33-170","jurisdiction":"us-ky","citation":"KRS 304.33-170","heading":"Actions by and against rehabilitator.","body":"(1) Stays in pending litigation. Except as provided in KRS 304.33 -052 and 304.33-055,\nany court in this state before which any action or proceeding by or against an\ninsurer is pending when a rehabilitation order against the insurer is entered shall,\nupon request of the rehabilitator, stay the action or proceeding for such time as is\nnecessary for the rehabilitator to obtain proper representation and prepare for\nfurther proceedings. The court that entered the rehabilitation order shall order the\nrehabilitator to take such action respecting the pending litigation as the court deems\nnecessary in the interests of justice and for the protection of creditors and\npolicyholders. The rehabilitator shall immediately consider all litigation pending\noutside this state and shall petition the courts having jurisdiction over that litigation\nfor stays whenever necessary to protect the estate of the insurer.\n(2) Statutes of limitations on claims by insurer. The time between the filing of a\npetition for rehabilitation against an i nsurer and denial of the petition or an order of\nrehabilitation shall not be considered to be a part of the time within which any\naction may be commenced by the insurer. Any action by the insurer that might have\nbeen commenced when the petition was filed m ay be commenced for at least sixty\n(60) days after the order of rehabilitation is entered.\n(3) Statutes of limitations on claims against insurer. The time between the filing of a\npetition for rehabilitation against an insurer and the denial of the petition or an order\nof rehabilitation shall not be considered to be a part of the time within which any\naction may be commenced against the insurer. Any action against the insurer that\nmight have been commenced when the petition was filed may be commenced for at\nleast sixty (60) days after the order of rehabilitation is entered or the petition is\ndenied.\n(4) A guaranty association or a foreign guaranty association shall have standing to\nappear in any court proceeding concerning the rehabilitation of an insurer if such\nassociation is or may become liable to act as a result of the rehabilitation.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=56203","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:54Z","sha256":"fe5924dbaa25ad97a95cd60cc2ff79bac12604da9c8be05b64adeb62d6b81a8a","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.33-165","next":"us-ky/krs-304.33-180"},"notice":"GroundRules: Original legal text. Not legal advice."}