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2021 Statute



Prev Article 41. - RISK RETENTION AND PURCHASING GROUPSNext


40-4120.Order of United States district court enjoining risk retention group from doing business enforceable in state courts. An order issued by any district court of the United States enjoining a risk retention group from soliciting or selling insurance, or operating, in any state (or in all states or in any territory or possession of the United States) upon a finding that such a group is in a hazardous financial condition, shall be enforceable in the courts of the state.

History: L. 1987, ch. 172, § 12; April 30.



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2024. Powered by KLISS. Rendered: 2024-03-29T01:46:22. Head Rev No: 893615(E)