Code of Virginia (Last Updated:July 28, 2020) |
TITLE 38.2. Insurance |
CHAPTER 51. Risk Retention Groups and Purchasing Groups |
SECTION 38.2-5115. Binding effect of orders issued in U.S. District Court |
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 upon a finding that such a group is in a hazardous financial condition shall be enforceable in the courts of the state. 1987, c. 585. |