§ 5912. Binding effect of orders issued in United States district\ncourt. An order issued by any district court of the United States\nenjoining a risk retention group from soliciting or selling insurance,\nor operating in any state (or in all states or in any territory or\npossession of the United States), upon a finding that such a group is in\nhazardous financial condition or financially impaired shall be\nenforceable in the courts of this state.\n
N.Y. Ins. Law § 5912
Binding effect of orders issued in United States district court
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.