58-22-65. Binding effect of orders issued in U.S. 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, upon a finding that such a group is in a hazardous financial condition, is enforceable in the courts of this State. (1987, c. 310.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 22 - Liability Risk Retention.
§ 58-22-15 - Risk retention groups chartered in this State.
§ 58-22-20 - Risk retention groups not chartered in this State.
§ 58-22-25 - Compulsory association.
§ 58-22-30 - Countersignature not required.
§ 58-22-40 - Notice and registration requirements of purchasing groups.
§ 58-22-45 - Restriction on insurance purchased by purchasing groups.
§ 58-22-60 - Duty of agents or brokers to obtain license.
§ 58-22-65 - Binding effect of orders issued in U.SDistrict Court.