N.Y. Insurance Law Section 5912
Binding effect of orders issued in United States 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 hazardous financial condition or financially impaired shall be enforceable in the courts of this state.

Source: Section 5912 — Binding effect of orders issued in United States district court, https://www.­nysenate.­gov/legislation/laws/ISC/5912 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 5912’s source at nysenate​.gov

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