515E.13 - EFFECT OF FEDERAL DISTRICT COURT ORDERS.
515E.13 EFFECT OF FEDERAL DISTRICT COURT ORDERS. An order issued by a 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 a hazardous or impaired financial condition, is enforceable in the courts of this state.
Section History: Recent Form 88 Acts, ch 1111, §14