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2011 Vermont Code
Title 08 Banking and Insurance
Chapter 142 RISK RETENTION GROUPS AND PURCHASING GROUPS
§ 6061 Binding effect of orders issued in United States district court


8 VT Stats § 6061. (2011 through Adj Sess) What's This?

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TITLE 8

Banking and Insurance

PART III

Insurance

CHAPTER 142. RISK RETENTION GROUPS AND PURCHASING GROUPS

§ 6061. Binding effect 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, or in all states or in any territory or possession of the United States, shall be enforceable in the courts of this state, upon a finding that such a group is in hazardous financial or financially impaired condition. (Added 1991, No. 249 (Adj. Sess.), { 23, eff. Dec. 31, 1992.)

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