An order issued by any district court of the United States enjoining a risk retention group from soliciting or selling insurance, or operating, in a state, or in all states or in a territory or possession of the United States, upon a finding that the group is in a hazardous financial condition or financially impaired condition shall be enforceable in the courts of the state.
1987 c 192 s 13; 1993 c 299 s 30
Structure Minnesota Statutes
Chapters 59A - 79A — Insurance
Chapter 60E — Risk Retention Groups
Section 60E.03 — Risk Retention Groups Chartered In This State.
Section 60E.04 — Risk Retention Groups Not Chartered In This State.
Section 60E.05 — Compulsory Associations.
Section 60E.06 — Countersignatures Not Required.
Section 60E.08 — Notice And Registration Requirements Of Purchasing Groups.
Section 60E.09 — Restrictions On Insurance Purchased By Purchasing Groups.
Section 60E.095 — Purchasing Group Taxation.
Section 60E.12 — Duty On Agents Or Brokers To Obtain License.
Section 60E.13 — Binding Effect Of Orders Issued In United States District Court.