Vermont § 6061 Binding effect of orders issued in U.S. District Court

Vermont Statutes

§ 6061 — Binding effect of orders issued in U.S. District Court

Vermont § 6061

Title 8Title 8: Banking and Insurance

Ch. 142Chapter 142: Risk Retention Groups and Purchasing Groups

This text of Vermont § 6061 (Binding effect of orders issued in U.S. District Court) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 8, § 6061 (2026).

Text

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, shall be enforceable in the courts of this State, upon a finding that such a group is in hazardous financial or financially impaired condition. (Added 1991, No. 249 (Adj. Sess.), § 23, eff. Dec. 31, 1992.)

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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, shall be enforceable in the courts of this State, upon a finding that such a group is in hazardous financial or financially impaired condition. (Added 1991, No. 249 (Adj. Sess.), § 23, eff. Dec. 31, 1992.)