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56-12-121. Insolvent Insurer. -

(a) In no case shall a covered claim include any claim filed with the association, domiciliary receiver, ancillary receiver or liquidator, after the earlier of:

  1. Eighteen (18) months after the date of the order of liquidation; or

  2. The final date set by the court for the filing of claims against the liquidator or receiver of an insolvent insurer.

(b) In no case shall a covered claim include any claim filed with the association, domiciliary, or ancillary receiver or a liquidator for protection afforded under the insured's policy for incurred-but-not-reported losses.

[Acts 1995, ch. 240, 3; 1999, ch. 48, 10.]

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