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Code · BILL · 113th Congress · H.R. 737 (Introduced in House) — To establish a national catastrophic risk consortium to ensure the availability and affordability of homeowners’ insu... · Sec. 9

Sec. 9. Federal liability

40 words·~1 min read·/bill/113/hr/737/ih/section-9

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The Federal Government and the Consortium shall not bear any liabilities arising from the actions of the Consortium. Participating States shall retain all catastrophe risk until the completion of a transaction described in paragraphs
(2)and
(3)of section 4.
★   the supreme law of the land   ★
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