Chapter 55 - RISK RETENTION ACT

Section 83-55-1 - Purpose
Section 83-55-3 - Definitions
Section 83-55-5 - Chartering of risk retention groups; submission of plan of operation; revisions of plan; information required
Section 83-55-7 - Out-of-state chartered risk retention groups; requirements for doing business in state
Section 83-55-9 - Risk retention groups not to participate in insolvency guaranty funds; no benefits to be received from funds
Section 83-55-11 - Policy not required to be countersigned
Section 83-55-13 - Purchasing group and insurer subject to all applicable state laws; exceptions
Section 83-55-15 - Purchasing group; notice of intent to do business; commissioner as agent for service; additional information required; preexisting groups
Section 83-55-16 - Payment of annual fee to continue to do business in state; penalties for failure to pay fee; filing of annual reports
Section 83-55-17 - Purchase of insurance from non-state chartered group or non-state admitted insurer; notice requirements; deductible or self-insured retention not permitted; aggregate limits on purchases
Section 83-55-19 - Premium taxes
Section 83-55-21 - Powers of commissioner; applicable procedures; injunctive relief
Section 83-55-23 - License required to solicit, negotiate or procure liability insurance; notice to insured
Section 83-55-25 - U.S. District Court injunctions enforceable in state courts
Section 83-55-27 - Rules and regulations
Section 83-55-29 - Saving clause