FEDERAL · 15 U.S.C. · Chapter SUBCHAPTER II—REINSURANCE
Regulation of reinsurer solvency
15 U.S.C. § 8222
Title15 — Commerce and Trade
ChapterSUBCHAPTER II—REINSURANCE
This text of 15 U.S.C. § 8222 (Regulation of reinsurer solvency) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
15 U.S.C. § 8222.
Text
(a)Domiciliary State regulation
If the State of domicile of a reinsurer is an NAIC-accredited State or has financial solvency requirements substantially similar to the requirements necessary for NAIC accreditation, such State shall be solely responsible for regulating the financial solvency of the reinsurer.
(b)Nondomiciliary States
If the State of domicile of a reinsurer is an NAIC-accredited State or has financial solvency requirements substantially similar to the requirements necessary for NAIC accreditation, no other State may require the reinsurer to provide any additional financial information other than the information the reinsurer is required to file with its domiciliary State.
No provision of this section shall be construed as preventing or prohibiting a State that is not the S
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History
(Pub. L. 111–203, title V, §532, July 21, 2010, 124 Stat. 1595.)
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15 U.S.C. § 8222, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/8222.