HomeMy WebLinkAbout0896 9. In his judgmc~it, liquiclate all of Respondent's
securities on deposit ~~ith the State Treasurer of rlorida,
convert to casli so ,~uch o£ same as may Ue necessary •to pay
clair.?s and ldninistrati~c expenses, and ~iold su~h funds :~nd all
otlier assets coming into his liands subje~t to furtlier Orders
of this Court.
10. All persons ~ait?~in the jurisdiction of tliis Court
who have in their possession, custody, or control assets of the
Respondent, of any kind whatsoever and wheresoever situated~in
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this State, including, but not limited to, all offices main-
tained by the Respondent and all rights of action, books, docu-
ments, papers, evidence of clebt, and all other property of
every kind belonging to said Respondent, including, but not
limited to, all bank accounts, stocks, bonds, debentures, mort-
gages, all premiums collected by premium finance companies or any
other person engaged in premium financing; funds held by agents,
subagents, brokers, producin.g agents, solicitors, service repre-
sentatives, or others, and not paid to the insurer; furniture,
fixtures, equipment, and office supplies; and to forthwith deliver
upon demand any of said assets to Thomas D. 0':~lalley, Insurance
' Commissioner and State Treasurers as Ancillary Receiver of
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~ Respondent; and the Receiver to hold all such assets pending
E further Orders of this Court; however, the Ancillary Receiver's ~
rights shall be subordinate to any rights of the Domiciliary ~
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Receiver as provided by the Uniform Insurers Liquidation Act. '
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~ ~ 11. All persons, corporations, or associations are, ~
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~ and continue to be, enjoined from interfering with the Ancillary
~ Receiver in the conduct of these proceedings, the wasting of
~ assets of the Respvndent, the commencement or prosecution of
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~ any actions against Respondent or the Ancillary Receiver, the
~ obtaining of preferences, judgments, attachments, writs of
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~ garnishment, or other liens, or the making of any levy or
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~ execution against the Respondent or the Ancillary Receiver during
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~ tl~e conduct of this receivership, pursuant to Section 631.67,
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~ Florida Statutes. ~
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