§33-10-7. Grounds for conserving assets of foreign insurers.
The commissioner may apply to the court for an order
appointing him as receiver or ancillary receiver, and directing him
to conserve the assets within this state, of a foreign insurer upon
any of the following grounds:
(a) Upon any of the grounds specified in sections five or six
of this article; or
(b) Upon the ground that its property has been sequestrated in
its domiciliary state or in any other state.