The following acts by a risk retention group are prohibited:
(1) The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and
(2) The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.
Section: Previous 33-40-2 33-40-3 33-40-4 33-40-5 33-40-6 33-40-7 33-40-8 33-40-9 33-40-10 33-40-11 33-40-12 33-40-13 33-40-14 33-40-15 33-40-16 NextLast modified: October 14, 2016