(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. No risk retention group, or its insureds, shall 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 and mandatory liability pools as provided by the Insurance Code. [1987 c.774 §102]
Section: Previous 735.255 735.260 735.265 735.300 735.305 735.310 735.315 735.320 735.325 735.330 735.335 735.340 735.345 735.350 735.355 NextLast modified: August 7, 2008