40 Pa. Stat. § 991.1516

Current through Pa Acts 2024-53, 2024-56 through 2024-95
Section 991.1516 - Order of 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 a hazardous financial or financially impaired condition, shall be enforceable in the courts of this Commonwealth.

40 P.S. § 991.1516

1921, May 17, P.L. 682, No. 284, art. XV, § 1516, added 1992, Dec. 18, P.L. 1519, No. 178, § 19, effective in 120 days.