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83-55-25 - U.S. District Court injunctions enforceable in state courts.

§ 83-55-25. U.S. District Court injunctions enforceable in state courts.
 

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. 
 

Sources: Laws,  1988, ch. 419, § 13, eff from and after July 1, 1988.

 

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