56-41-102 - Voluntary risk sharing or market assistance plan.

56-41-102. Voluntary risk sharing or market assistance plan.

If the commissioner of commerce and insurance finds after a hearing that, in any part of this state, property and casualty insurance is not readily available in the voluntary market and that the public interest requires its availability, the commissioner may authorize formation of a voluntary risk sharing or market assistance plan under § 56-41-111.

[Acts 1987, ch. 439, § 2.]