§ 6061 - Binding effect of orders issued in United States district court
§ 6061. 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, shall be enforceable in the courts of this state, upon a finding that such a group is in hazardous financial or financially impaired condition. (Added 1991, No. 249 (Adj. Sess.), § 23, eff. Dec. 31, 1992.)