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Section 58-6A-1 - Definition of terms. - 58-6A-1.Definition of terms. Terms used in this chapter mean: (1)"Board...
Section 58-6A-2 - Charter and license of risk retention group--Approval of plan of operation or feasibility study--Revision of plan or study--Notice to National Association of Insurance Commissioners. - 58-6A-2. Charter and license of risk retention group--Approval of plan...
Section 58-6A-3 - Information submitted to director. - 58-6A-3. Information submitted to director. Before offering insurance in this...
Section 58-6A-3.1 - Majority of risk retention group directors to be independent--Board determinations as to material relationship. - 58-6A-3.1. Majority of risk retention group directors to be independent--Board...
Section 58-6A-3.2 - Criteria of material relationship. - 58-6A-3.2. Criteria of material relationship. A material relationship includes: (1)The...
Section 58-6A-3.3 - Material service provider contracts. - 58-6A-3.3. Material service provider contracts. The term of any material...
Section 58-6A-3.4 - Notice to director of intent to enter into service provider contract meeting criteria of material relationship. - 58-6A-3.4. Notice to director of intent to enter into service...
Section 58-6A-3.5 - Written policy in plan of operation. - 58-6A-3.5. Written policy in plan of operation. The risk retention...
Section 58-6A-3.6 - Members of audit committee. - 58-6A-3.6. Members of audit committee. The risk retention group shall...
Section 58-6A-3.7 - Purpose of audit committee. - 58-6A-3.7. Purpose of audit committee. The audit committee of the...
Section 58-6A-3.8 - Waiver of audit committee requirement. - 58-6A-3.8. Waiver of audit committee requirement. The domestic regulator may...
Section 58-6A-3.9 - Governance standards. - 58-6A-3.9. Governance standards. The board of directors shall adopt and...
Section 58-6A-3.10 - Code of business conduct and ethics. - 58-6A-3.10. Code of business conduct and ethics. The board of...
Section 58-6A-3.11 - Notice to director of noncompliance with standards. - 58-6A-3.11. Notice to director of noncompliance with standards. If the...
Section 58-6A-3.12 - Application of §§ 58-6A-1 to 58-6A-3.11. - 58-6A-3.12. Application of §§58-6A-1 to 58-6A-3.11. Any retention group licensed...
Section 58-6A-4 - Financial information submitted to director. - 58-6A-4. Financial information submitted to director. Any risk retention group...
Section 58-6A-5 - Taxation of premiums--Payment by insurance producers or brokers--Payment by risk retention group--Report of premiums. - 58-6A-5. Taxation of premiums--Payment by insurance producers or brokers--Payment by...
Section 58-6A-5.1 - Rate of taxation on premiums--Interest, fines and penalties--Payment. - 58-6A-5.1. Rate of taxation on premiums--Interest, fines and penalties--Payment. The...
Section 58-6A-6 - Compliance with Unfair Trade Practices Act. - 58-6A-6. Compliance with Unfair Trade Practices Act. Any risk retention...
Section 58-6A-7 - Compliance with laws regarding deceptive, false, or fraudulent acts or practices--Injunction. - 58-6A-7. Compliance with laws regarding deceptive, false, or fraudulent acts...
Section 58-6A-8 - Examination by director. - 58-6A-8. Examination by director. Any risk retention group shall submit...
Section 58-6A-9 - Notice contained on policy--Contents. - 58-6A-9. Notice contained on policy--Contents. Any policy issued by any...
Section 58-6A-10 - Prohibited acts by risk retention group. - 58-6A-10. Prohibited acts by risk retention group. The following acts...
Section 58-6A-11 - Insurance company as member or owner. - 58-6A-11. Insurance company as member or owner. No risk retention...
Section 58-6A-12 - Compliance with voluntary dissolution or delinquency order by group not chartered if financially impaired. - 58-6A-12. Compliance with voluntary dissolution or delinquency order by group...
Section 58-6A-13 - Financial contribution to or benefit from insurance insolvency guaranty fund prohibited. - 58-6A-13. Financial contribution to or benefit from insurance insolvency guaranty...
Section 58-6A-14 - Countersignature on policy not required. - 58-6A-14. Countersignature on policy not required. A policy of insurance...
Section 58-6A-15 - Prohibited insurance coverage. - 58-6A-15. Prohibited insurance coverage. A risk retention group may not...
Section 58-6A-16.1 - Exemptions for purchasing group and insurer in regard to liability insurance--Subject to other laws. - 58-6A-16.1. Exemptions for purchasing group and insurer in regard to...
Section 58-6A-17 - Notice to director--Contents. - 58-6A-17. Notice to director--Contents. Any purchasing group which intends to...
Section 58-6A-17.1 - Notice to director of changes. - 58-6A-17.1. Notice to director of changes. A purchasing group shall,...
Section 58-6A-17.2 - Information required by director--Time for giving notice and information. - 58-6A-17.2. Information required by director--Time for giving notice and information....
Section 58-6A-18 - Designation of director as agent for purchasing group--Exceptions. - 58-6A-18. Designation of director as agent for purchasing group--Exceptions. The...
Section 58-6A-19.1 - Purchase from risk retention group not chartered or insurer not admitted in state prohibited--Exception. - 58-6A-19.1. Purchase from risk retention group not chartered or insurer...
Section 58-6A-19.2 - Notice of unprotected risk when liability insurance obtained from insurer not admitted in this state or risk retention group. - 58-6A-19.2. Notice of unprotected risk when liability insurance obtained from...
Section 58-6A-19.3 - Purchase of insurance providing for deductible or self-induced retention applicable to whole group prohibited--Application to individuals allowed--Aggregate limits standards. - 58-6A-19.3. Purchase of insurance providing for deductible or self-induced retention...
Section 58-6A-19.4 - Insurance producer or broker license required for purchasing liability insurance from risk retention group. - 58-6A-19.4. Insurance producer or broker license required for purchasing liability...
Section 58-6A-19.5 - Insurance producer or broker license required to solicit liability insurance for purchasing group from insurer or risk retention group. - 58-6A-19.5. Insurance producer or broker license required to solicit liability...
Section 58-6A-19.6 - Insurance producer or broker license required to solicit liability insurance for member of purchasing group. - 58-6A-19.6. Insurance producer or broker license required to solicit liability...
Section 58-6A-19.7 - Surplus lines producer or excess line producer license required to solicit liability insurance from unauthorized insurer for purchasing group. - 58-6A-19.7. Surplus lines producer or excess line producer license required...
Section 58-6A-20 - Director's use of enforcement powers--Injunctive authority. - 58-6A-20. Director's use of enforcement powers--Injunctive authority. The director may...
Section 58-6A-21 - Penalty for violation. - 58-6A-21. Penalty for violation. Any risk retention group which violates...
Section 58-6A-22 - Broker license--Waiver of residency requirements. - 58-6A-22. Broker license--Waiver of residency requirements. Any person acting, or...
Section 58-6A-23 - Enforcement of injunction against risk retention group in hazardous financial condition. - 58-6A-23. Enforcement of injunction against risk retention group in hazardous...
Section 58-6A-24 - Promulgation of rules. - 58-6A-24. Promulgation of rules. The director may promulgate, pursuant to...