§ 27-46-13. 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 the group is in hazardous financial or financially impaired condition, shall be enforceable in the courts of the state.
History of Section.P.L. 1991, ch. 348, § 1.
Structure Rhode Island General Laws
Chapter 27-46 - Risk Retention Act
Section 27-46-2. - Definitions.
Section 27-46-3. - Risk retention groups chartered in this state.
Section 27-46-4. - Risk retention groups not chartered in this state.
Section 27-46-5. - Compulsory associations.
Section 27-46-6. - Countersignatures not required.
Section 27-46-7. - Purchasing groups — Exemption from certain laws.
Section 27-46-8. - Notice and registration requirements of purchasing groups.
Section 27-46-9. - Restrictions on insurance purchased by purchasing groups.
Section 27-46-10. - Purchasing group taxation.
Section 27-46-12. - Duty of agents or brokers or insurance producers to obtain license.
Section 27-46-13. - Binding effect of orders issued in U.S. district court.