§ 163.19. Actions or rights of the Commissioner.

 The failure of a trust agreement or letter of credit to specifically identify the beneficiary as defined in §  163.1 (relating to definitions) to include a court appointed domiciliary receiver may not be construed to prevent the Commissioner from becoming the successor of the beneficiary as a court appointed domiciliary receiver or to otherwise affect any rights which the Commissioner may possess under the laws and regulations of the Commonwealth.

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