UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA SACRAMENTO DIVISION
May 21, 2009
SECURITIES AND EXCHANGE COMMISSION, PLAINTIFF,
SECURE INVESTMENT SERVICES, INC., AMERICAN FINANCIAL SERVICES, INC., LYNDON GROUP, INC., DONALD F. NEUHAUS, AND KIMBERLY A. SNOWDEN, DEFENDANTS.
The opinion of the court was delivered by: Honorable Garland E. Burrell, Jr. United States District Judge
ORDER COMPELLING PAYMENT OF PREMIUM SHARE FROM SEADRA A. NODLAND [SHU-A&H(1)]
Date: May 18, 2009
On this day the Court considered the Receiver's Motion to Compel Payment of Premium Share from Seadra A. Nodland [SHU-A&H(1)]. Having carefully considered the Motion and the pleadings and papers on file in this case, the Court is of the opinion, and so finds, that the Motion should be granted. Accordingly,
It is ORDERED that Seadra A. Nodland shall, within 10 days of the date of this Order, pay the Receiver $88.36 for her share of the premiums.
It is FURTHER ORDERED that Seadra A. Nodland shall pay the Receiver her percentage share of all additional premium obligations within 10 days of the issuance of a written invoice.
It is FURTHER ORDERED that should Seadra A. Nodland fail to pay $88.36 for her share of the premiums or her percentage share of any additional premium obligations as they become due, Seadra A. Nodland's 0.32% ownership and beneficial interest in the SHU-A&H(1) Policy No. 20070476 will automatically be forfeited to the receivership estate and be replaced by an allowed claim for $2,000.00 in her favor.
It is FURTHER ORDERED that in the event Seadra A. Nodland's ownership and beneficial interest is forfeited to the receivership estate, then Sun Life Financial is ORDERED to change its records to reflect and effectuate the transfer.
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