An order issued by any district court of the United States shall be enforceable in the courts of this state to enjoin a risk retention group from soliciting or selling insurance, or operating in any state, in all states, or in any territory or possession of the United States, upon a finding that the group is in hazardous financial condition or financially impaired condition.
Utah Code § 31A-15-213
Effect of orders issued in U.S. District Court
Known as the Risk Retention Groups Act
The act spans §§ 31–31 (15 sections).
Enacted by Chapter 258, 1992 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.