58-6A-11. Insurance company as member or owner.
47 words·~1 min read·
/sd/title-58/chapter-58-6/58-6a-11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No risk retention group shall be allowed to do business in this state if an insurance company is directly or indirectly a member or owner of such risk retention group, other than in the case of a risk retention group all of whose members are insurance companies.