Section 59A-55-11 - Prohibited acts regarding solicitation or saleThe following acts by a risk retention group are prohibited:
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. Laws 1988, ch. 125, § 11.