State Codes and Statutes

Statutes > New-york > Isc > Article-59 > 5912

§  5912.  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   condition   or  financially  impaired  shall  be  enforceable in the courts of this state.

State Codes and Statutes

Statutes > New-york > Isc > Article-59 > 5912

§  5912.  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   condition   or  financially  impaired  shall  be  enforceable in the courts of this state.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Isc > Article-59 > 5912

§  5912.  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   condition   or  financially  impaired  shall  be  enforceable in the courts of this state.