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Code · South Dakota · Title 58 · Chapter 58-6

58-6A-10. Prohibited acts by risk retention group.

62 words·~1 min read·/sd/title-58/chapter-58-6/58-6a-10·

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

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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