New York § 5912 Binding effect of orders issued in United States district court

New York Statutes

§ 5912 — Binding effect of orders issued in United States district court

New York § 5912

Law ISCInsurance

Art. 59Risk Retention Groups and Purchasing Groups

This text of New York § 5912 (Binding effect of orders issued in United States district court) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Insurance § 5912 (2026).

Text

  § 5912. Binding effect of orders issued in United States district\ncourt. An order issued by any district court of the United States\nenjoining a risk retention group from soliciting or selling insurance,\nor operating in any state (or in all states or in any territory or\npossession of the United States), upon a finding that such a group is in\nhazardous financial condition or financially impaired shall be\nenforceable in the courts of this state.\n

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§ 5912. Binding effect of orders issued in United States district\ncourt. An order issued by any district court of the United States\nenjoining a risk retention group from soliciting or selling insurance,\nor operating in any state (or in all states or in any territory or\npossession of the United States), upon a finding that such a group is in\nhazardous financial condition or financially impaired shall be\nenforceable in the courts of this state.\n