Acts and Regulations

I-12 - Insurance Act

Full text
Assignment of judgment
266.9(1)No money is required to be paid by the Facility Association in compliance with an order made under section 266.7 until the judgment of the applicant or the portion of the judgment for which the Facility Association is liable or the applicant’s interest in the judgment is assigned to the Facility Association.
266.9(2)Upon filing a copy of the assignment of judgment, certified by the Facility Association to be a true copy, with the Registrar, or clerk, as the case may be, of the court in which the judgment was obtained, the Facility Association shall, to the extent of the amount of the assignment, be deemed to be the judgment creditor.
266.9(3)If the judgment creditor has delivered an enforcement instruction to the sheriff under the Enforcement of Money Judgments Act and a copy of the assignment of judgment, certified in accordance with subsection (2), is delivered to the sheriff who is enforcing the judgment, subsection (2) applies with the necessary modifications.
1989, c.17, s.6; 2013, c.32, s.16
Assignment of judgment
266.9(1)No money is required to be paid by the Facility Association in compliance with an order made under section 266.7 until the judgment of the applicant or the portion of the judgment for which the Facility Association is liable or the applicant’s interest in the judgment is assigned to the Facility Association.
266.9(2)Upon filing a copy of the assignment of judgment, certified by the Facility Association to be a true copy, with the Registrar, or clerk, as the case may be, of the court in which the judgment was obtained, the Facility Association shall, to the extent of the amount of the assignment, be deemed to be the judgment creditor.
266.9(3)Where execution is issued in the name of the judgment creditor and a copy of the assignment of judgment, certified in accordance with subsection (2), is filed with the sheriff having the order of seizure and sale, subsection (2) shall apply with the necessary modifications.
1989, c.17, s.6