HomeMy WebLinkAbout1186 filed ~.~ith this C.ourt on this date and consented to the e~itry
of ~n Order of Liqi~idation of Community hational Life lnsura»ce ~
~
Company by this Court and the performance of all other acts by
the Ancillary Receiver of Community h'ational l.ife Insurance
Company to conclude the praceedi~~gs in regard to the receiver-
shiP c~f ~at~o~ial 'I'riist Life Insurance Company of AM~i•ica, ~~l~icn
telegram further waived process, serv;ce of process and notice of
hearing on said motion.
II
That the Respondent, Commt~~iity I~ational Life Insurar.ce
Company, is insolvent and ~Las placed in liquidatioti by the State
of Oklahoma, its domiciliary State, by order of the Uistrict
Court of `ftil sa Caunty , Okl ahorr~a , o~ July 2, 197 0.
~
III
That Respondent, Commtinity I~ational I,ife Instirance
Compz~t;•, is bevond reh~hilitaticn and--s2:ou1_d bc ir,.~~ed~ately
placed in liRuidation by this Court for the protection of
Florida policyholders, creditors aiid claimants so tliat a time
li
~ limit may be set ?~ithin ~Jhich such policyholders, creditors and
i
~
~ claimants may file proof of their claims against said Respandent
~ in these recei~~ership proceedings without further delay.
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WHF.RF:FORE, IT IS ORDF:RF:D and ADJUDG}:D tl~at Bro~.~ard
t
Williams, Ins•arance Commissioner and Treasurer of the State of ~
;
Florida, as Ancillary Receiver of Community National Life ~
Insurance Company, is authorized and directed t~:
1. Liquidate the assets of the Respondent, Commtinity
~
National Life Insui•ance Company, and to do all things necessary
~
~ to effectuate the cont~ersion of these proceedings from a
~ rehabilitation receivership to a liquidating receivership, and
the Ancillary Receiver is hereby granted all necessary aut}~ority,
~
po~~rcr a:id right to accomplish this conversion in conformity with
orders of this Cuurt enterec~ heretofore or hereafter.
BOOKIQ7 PACE~1~
_2 .
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