33-11-124. Enforceability 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, territory, or possession of the United States upon a finding that such a group is in a hazardous financial condition is enforceable in the courts of this state.
History: En. Sec. 13, Ch. 249, L. 1987.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 11. Liability Risk Retention and Purchasing Groups
33-11-103. Chartering -- licensing -- plan of operation
33-11-104. Risk retention groups not chartered in this state
33-11-105. Compulsory associations
33-11-107. Purchasing groups -- exemption from certain laws relating to group purchase of insurance
33-11-108. Notice and registration requirements of purchasing groups
33-11-109. Restriction on insurance purchased by purchasing groups
33-11-110. Taxation of purchasing group
33-11-111. through 33-11-120 reserved
33-11-123. Duty of insurance producers to obtain license
33-11-124. Enforceability of orders issued in United States district court