59A-55-12: Prohibition on ownership by an insurance company.
Where this section sits in the code
- Chapter 59A - Insurance Code
- ARTICLE 55 Risk Retention and Purchasing Groups
No risk retention group shall be allowed to do business in this state if an insurance company is directly or indirectly a member or owner of such risk retention group, other than in the case of a risk retention group all of whose members are insurance companies.
Collected 2026-09-03T15:02:20Z. Source file · JSON