Sec. 38a-259. (Formerly Sec. 38-539). Insurance insolvency guaranty funds not applicable to risk retention groups.
Sec. 38a-259. (Formerly Sec. 38-539). Insurance insolvency guaranty funds
not applicable to risk retention groups. 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 insureds, receive any
benefit from any such fund for claims arising out of the operations of such risk retention
group.
(P.A. 87-135, S. 10, 18.)
History: Sec. 38-539 transferred to Sec. 38a-259 in 1991.