515E.13 Effect of federal district court orders.
63 words·~1 min read·
/ia/chapter-515e-risk-retention-groups-and-purchasing-groups/515e-13·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An order issued by a 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, upon a finding that such a group is in a hazardous or impaired financial condition, is enforceable in the courts of this state.