Vt. Stat. tit. 8 § 6061

Current through L. 2024, c. 185.

Section 6061 - Binding effect of orders issued in U.S. District Court

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.

8 V.S.A. § 6061

Added 1991, No. 249 (Adj. Sess.), § 23, eff. 12/31/1992.