No risk retention group shall be allowed to do business in this state if an insurance company is directly or indirectly a member or owner of such risk retention group, other than in the case of a risk retention group all of whose members are insurance companies.
Conn. Gen. Stat. § 38a-258
(Formerly Sec. 38-538). Insurance company membership in risk retention group limited
(P.A. 87-135, S. 9, 18.) History: Sec. 38-538 transferred to Sec. 38a-258 in 1991.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.