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2020 West Virginia Code
Chapter 33. Insurance
Article 32. Risk Retention Act
§33-32-10. Prohibited Acts Regarding Solicitation or Sale
Universal Citation: WV Code § 33-32-10 (2020)
The following acts by a risk retention group are hereby prohibited:
(1) The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and
(2) The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.
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