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 a hazardous financial condition shall be enforceable in the courts of the state.
R.S. 22:495 active rs title
Binding effect of orders issued in federal district court ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1987, No. 462, §1, eff. Sept. 1, 1987