[§431P-15] Exemption from property and liability insurance guaranty association; insolvency of fund.
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/hi/431p-15A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§431P-15] Exemption from property and liability insurance guaranty association; insolvency of fund. Notwithstanding any other provision of law to the contrary, neither the fund nor its policyholders shall be subject to the provisions of, or be eligible for, the benefits provided in sections 431:16-101 to 117 inclusive. If the total amount available at any time to the fund is insufficient to make all necessary payments, the moneys available shall be prorated and the unpaid portion shall be paid as soon thereafter as moneys become available. [L 1993, c 339, pt of §2]