Section 58-6A-10 - Prohibited acts by risk retention group.
58-6A-10. Prohibited acts by risk retention group. The following acts by a risk retention group are hereby prohibited:
(1) The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and
(2) The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.
Source: SL 1987, ch 372, § 10.