TITLE XXXVII
INSURANCE

CHAPTER 405-A
RISK RETENTION ACT

Section 405-A:12

    405-A:12 Binding Effect of Orders Issued in United States District Court. – An order issued by any 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 hazardous financial or financially impaired condition shall be enforceable in the courts of this state.

Source. 1988, 133:2, eff. April 20, 1988.