Vt. Stat. Ann. tit. 8, § 6061
Binding effect of orders issued in U.S. District Court
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
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, shall be enforceable in the courts of this State, upon a finding that such a group is in hazardous financial or financially impaired condition.
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, shall be enforceable in the courts of this State, upon a finding that such a group is in hazardous financial or financially impaired condition.
Added 1991, No. 249 (Adj. Sess.), § 23, eff. Dec. 31, 1992.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.