§ 7417. Commencement of a proceeding. The superintendent represented
by the attorney general shall commence any proceeding under this article
by an application to the supreme court, in the judicial district in
which the principal office of the insurer is located, for an order
directing such insurer to show cause why the superintendent should not
have the requested relief. On the return of such order, and after a full
hearing, which shall be held without delay, such court shall either deny
the application or grant it together with such other relief as the
nature of the case and the interests of policyholders, creditors,
shareholders, members, or the public may require.