515E.5 Compulsory associations.
58 words·~1 min read·
/ia/chapter-515e-risk-retention-groups-and-purchasing-groups/515e-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A risk retention group shall not join or contribute financially to an insurance insolvency guaranty fund, or similar mechanism, in this state, nor shall a risk retention group, or its insureds, receive any benefit from an insurance insolvency guaranty fund, or similar mechanism, in this state, for claims arising out of the operations of the risk retention group.