Statutes > Arkansas Statutes > Title 23 - Public Utilities and Regulated Industries > Subtitle 3 - Insurance > Chapter 94 - Liability Risk Retention > Subchapter 2 - Risk Retention and Purchasing Groups Act > § 23-94-214 - Binding effect of orders issued in United States District Court.

§ 23-94-214 - Binding effect of orders issued in United States District Court.

23-94-214. 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 hazardous financial or financially impaired condition shall be enforceable in the courts of the state.