New Hampshire Revised Statutes 408-B:18 – Stay of Proceedings; Reopening Default Judgments
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Terms Used In New Hampshire Revised Statutes 408-B:18
- Germane: On the subject of the pending bill or other business; a strict standard of relevance.
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
- Verdict: The decision of a petit jury or a judge.
All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed 60 days from the date an order of liquidation, rehabilitation or conservation is final to permit proper legal action by the association on any matters germane to its powers or duties. As to judgment under any decision, order, verdict, or finding based on default, the association may apply to have such judgment set aside by the same court that made such judgment and shall be permitted to defend against such suit on the merits.