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2015 Connecticut General Statutes
Title 38a - Insurance
Chapter 698c - Risk Retention Groups
Section 38a-256 - (Formerly Sec. 38-536). Solicitation or sale of insurance prohibited if financially impaired.

CT Gen Stat § 38a-256 (2015) What's This?

No risk retention group or producer shall solicit or sell insurance if the risk retention group is in a hazardous financial condition or is financially impaired.

(P.A. 87-135, S. 7, 18; P.A. 96-193, S. 5, 36.)

History: Sec. 38-536 transferred to Sec. 38a-256 in 1991; P.A. 96-193 substituted “producer” for “agent or broker”, effective June 3, 1996.

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