Ohio § 3903.24

§ 3903.24.

(A) Upon entry of an order appointing a liquidator of a domestic insurer or of an alien

insurer domiciled in this state, no civil action shall be commenced against the insurer

or liquidator, whether in this state or elsewhere, nor shall any such existing actions

be maintained or further prosecuted after the entry of the order.  The courts of this state shall give full faith and credit to injunctions against

the liquidator or the company or the continuation of existing actions against the

liquidator or the company, when such injunctions are included in an order to liquidate

an insurer issued pursuant to corresponding provisions in other states.  Whenever in the liquidator's judgment, protection of the estate of the insurer necessitates

intervention in an action against the insurer that is pending outside this state,

he may intervene in the action.  The liquidator may defend any action in which he intervenes under this section at

the expense of the estate of the insurer. (B) The liquidator may, upon or after an order for liquidation, within two years or such

time in addition to two years as applicable law may permit, commence an action or

proceeding on behalf of the estate of the insurer upon any cause of action against

which the period of limitation fixed by applicable law has not expired at the time

of the filing of the complaint upon which the order is entered.  Where, by any agreement, a period of limitation is fixed for commencing a suit or

proceeding upon any claim, or for filing any claim, proof of claim, proof of loss,

demand, notice, or the like, or where in any proceeding, judicial or otherwise, a

period of limitation is fixed, either in the proceeding or by applicable law, for

taking any action, filing any claim or pleading, or doing any act, and where in any

such case the period had not expired at the date of the filing of the complaint, the

liquidator may, for the benefit of the estate, take any such action or do any such

act, required of or permitted to the insurer, within a period of one hundred eighty

days subsequent to the entry of an order for liquidation, or within such further period

as is shown to the satisfaction of the court not to be unfairly prejudicial to the

other party. (C) No statute of limitations or defense of laches shall run with respect to any action

against an insurer between the filing of a complaint for liquidation against an insurer

and the denial of the complaint.  Any action against the insurer that might have been commenced when the complaint

was filed may be commenced for at least sixty days after the complaint is denied. (D) Any guaranty association or foreign guaranty association shall have standing to appear

in any court proceeding concerning the liquidation of an insurer if such association

is or may become liable to act as a result of the liquidation.