627.953 Binding effect of orders issued in United States District Court.

627.953 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 transacting, soliciting, or selling insurance or from 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 a hazardous financial condition, shall be enforceable in the courts of this state.

History. ss. 2, 5, ch. 87-282; s. 114, ch. 92-318.