Connecticut Statutes
§ 38a-259 — (Formerly Sec. 38-539). Insurance insolvency guaranty funds not applicable to risk retention groups.
No risk retention group shall be permitted to join or contribute financially to any insurance insolvency guaranty fund, or similar mechanism, in this state, nor shall any risk retention group, or its insureds, receive any benefit from any such fund for claims arising out of the operations of such risk retention group.
Free access — add to your briefcase to read the full text and ask questions with AI
Connecticut § 38a-259 ((Formerly Sec. 38-539). Insurance insolvency guaranty funds not applicable to risk retention groups.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(P.A. 87-135, S. 10, 18.) History: Sec. 38-539 transferred to Sec. 38a-259 in 1991.
Nearby Sections
15
§ 38a-1000
Applicability.§ 38a-1001
Definitions.§ 38a-1005
Examination of group. Costs.§ 38a-1006
Group board of trustees.§ 38a-1011
Taxes.