§33-32-10 Prohibited acts regarding solicitation or sale.
§33-32-10. Prohibited acts regarding solicitation or sale.
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.