31A-27a-507.   Receiver as lien creditor.
     (1) The receiver may avoid a transfer of or lien on the property of, or obligation incurred by, an insurer that the insurer or a policyholder, creditor, member, or stockholder of the insurer:
     (a) may have avoided without regard to any knowledge of:
     (i) the receiver;
     (ii) the commissioner;
     (iii) the insurer; or
     (iv) a policyholder, creditor, member, or stockholder of the insurer; and
     (b) whether or not a policyholder, creditor, member, or stockholder described in this Subsection (1) exists.
     (2) The receiver is considered a creditor without knowledge for purposes of pursuing claims under:
     (a) Title 25, Chapter 6, Uniform Fraudulent Transfer Act; or
     (b) similar provisions of state or federal law.

Enacted by Chapter 309, 2007 General Session
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Last revised: Thursday, May 28, 2009