§431:16-117 Stay of proceedings. (a) All proceedings in which the insolvent insurer is a party, or is obligated to defend a party in any court in this State, shall be stayed for up to six months, and such additional time thereafter as may be determined by the court, from the date the insolvency is determined or an ancillary proceeding is instituted in the State, whichever is later, to permit proper defense by the association of all pending causes of action. As to any covered claims arising from a judgment or under any decision, verdict or finding based on the default of the insolvent insurer or its failure to defend an insured, the association, either on its own behalf or on behalf of such insured, may apply to have such judgment, order, decision, verdict, or finding set aside by the same court, administrator or other entity that made such judgment, order, decision, verdict, or finding and shall be permitted to defend such claim on the merits.

(b) The liquidator, receiver or statutory successor of an insolvent insurer covered by this part shall permit access by the board or its authorized representative to such of the insolvent insurer's claim records, and may permit access to such other records which are necessary for the board in carrying out its functions under this part with regard to covered claims. In addition, the liquidator, receiver or statutory successor shall provide the board or its representative with copies of such records upon the request by the board and at the expense of the board. [L 1987, c 347, pt of §2]