627.945 Compulsory association.—
(1) No risk retention group shall be permitted to join or contribute financially to any insurance insolvency guaranty fund, or similar mechanism, in this state, nor shall any risk retention group, or its insured, receive any benefit from any such fund for claims arising out of the operations of the risk retention group.
(2) A risk retention group shall participate in this state’s joint underwriting associations as established under ss. 627.311(3) and 627.351(1), (3), (4), and (5).
History.—ss. 2, 5, ch. 87-282; s. 114, ch. 92-318.
Section: Previous 627.941 627.942 627.943 627.944 627.945 627.946 627.947 627.948 627.949 627.950 627.951 627.952 627.953 627.954 627.955 NextLast modified: September 23, 2016