LIS

Virginia Law

Code of Virginia

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Code of Virginia
Title 38.2. Insurance
Chapter 51. Risk Retention Groups and Purchasing Groups
12/3/2024

§ 38.2-5115. 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 upon a finding that such a group is in a hazardous financial condition shall be enforceable in the courts of the state.

1987, c. 585.

The chapters of the acts of assembly referenced in the historical citation at the end of this section may not constitute a comprehensive list of such chapters and may exclude chapters whose provisions have expired.