Connecticut § 38a-256 (Formerly Sec. 38-536). Solicitation or sale of insurance prohibited if financially impaired.

Connecticut Statutes

§ 38a-256 — (Formerly Sec. 38-536). Solicitation or sale of insurance prohibited if financially impaired.

Connecticut·Title 38a Insurance·Ch. 698c Risk Retention Groups

No risk retention group or producer shall solicit or sell insurance if the risk retention group is in a hazardous financial condition or is financially impaired.

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Connecticut § 38a-256 ((Formerly Sec. 38-536). Solicitation or sale of insurance prohibited if financially impaired.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 87-135, S. 7, 18; P.A. 96-193, S. 5, 36.) History: Sec. 38-536 transferred to Sec. 38a-256 in 1991; P.A. 96-193 substituted “producer” for “agent or broker”, effective June 3, 1996.