PART IV. JOINT UNDERWRITING PLAN

 

Subpart A. Participation and Administration

 

§431:10C-401  Participation.  (a)  Ajoint underwriting plan is established consisting of all insurers authorized towrite and engage in writing motor vehicle insurance in this State, except thoseinsurers writing motor vehicle insurance exclusively under section 431:10C-106.

(b)  Each insurer shall be a member of the planand shall maintain membership as a condition of its licensure to transact suchinsurance in this State. [L 1987, c 347, pt of §2; am L 1989, c 195, §36]