The following acts by a risk retention group are prohibited:

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

A. the solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and

B. the solicitation or sale of insurance by, or operation of, a risk retention group that is in hazardous financial condition or financially impaired.