In the case of a producer reinsurance captive insurance company or a sponsored captive insurance company:
(1) The assets of the protected cell may not be used to pay any expenses or claims other than those attributable to the protected cell; and
(2) Its capital and surplus must be available to pay any expenses of or claims against the captive insurance company at all times.
Section: Previous 23-63-1610 23-63-1611 23-63-1612 23-63-1613 23-63-1614 23-63-1615 23-63-1616 23-63-1617 23-63-1618 23-63-1619 23-63-1620 23-63-1621 23-63-1622 23-63-1623 NextLast modified: November 15, 2016