CHAPTER 33.  INSURANCE.

ARTICLE 32. RISK RETENTION ACT.

§33-32-22. Binding effect of orders issued in United States district court.

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.

§33-32-22. Binding effect of orders issued in United States district court.

Bill History For §33-32-22

1987 Regular Session
House Bill 2970