CHAPTER 58-6A
RISK RETENTION GROUPS
58-6A-1 Definition of terms.
58-6A-2 Charter and license of risk retention group--Approval of plan of operation or feasibility study--Revision of plan or study--Notice to National Association of Insurance Commissioners.
58-6A-3 Information submitted to director.
58-6A-3.1 Majority of risk retention group directors to be independent--Board determinations as to material relationship.
58-6A-3.2 Criteria of material relationship.
58-6A-3.3 Material service provider contracts.
58-6A-3.4 Notice to director of intent to enter into service provider contract meeting criteria of material relationship.
58-6A-3.5 Written policy in plan of operation.
58-6A-3.6 Members of audit committee.
58-6A-3.7 Purpose of audit committee.
58-6A-3.8 Waiver of audit committee requirement.
58-6A-3.9 Governance standards.
58-6A-3.10 Code of business conduct and ethics.
58-6A-3.11 Notice to director of noncompliance with standards.
58-6A-3.12 Application of §§ 58-6A-1 to 58-6A-3.11.
58-6A-4 Financial information submitted to director.
58-6A-5 Taxation of premiums--Payment by insurance producers or brokers--Payment by risk retention group--Report of premiums.
58-6A-5.1 Rate of taxation on premiums--Interest, fines and penalties--Payment.
58-6A-6 Compliance with Unfair Trade Practices Act.
58-6A-7 Compliance with laws regarding deceptive, false, or fraudulent acts or practices--Injunction.
58-6A-8 Examination by director.
58-6A-9 Notice contained on policy--Contents.
58-6A-10 Prohibited acts by risk retention group.
58-6A-11 Insurance company as member or owner.
58-6A-12 Compliance with voluntary dissolution or delinquency order by group not chartered if financially impaired.
58-6A-13 Financial contribution to or benefit from insurance insolvency guaranty fund prohibited.
58-6A-14 Countersignature on policy not required.
58-6A-15 Prohibited insurance coverage.
58-6A-16 58-6A-16. Repealed by SL 1988, ch 392, § 3
58-6A-16.1 Exemptions for purchasing group and insurer in regard to liability insurance--Subject to other laws.
58-6A-17 Notice to director--Contents.
58-6A-17.1 Notice to director of changes.
58-6A-17.2 Information required by director--Time for giving notice and information.
58-6A-18 Designation of director as agent for purchasing group--Exceptions.
58-6A-19 58-6A-19. Repealed by SL 1988, ch 392, § 8
58-6A-19.1 Purchase from risk retention group not chartered or insurer not admitted in state prohibited--Exception.
58-6A-19.2 Notice of unprotected risk when liability insurance obtained from insurer not admitted in this state or risk retention group.
58-6A-19.3 Purchase of insurance providing for deductible or self-induced retention applicable to whole group prohibited--Application to individuals allowed--Aggregate limits standards.
58-6A-19.4 Insurance producer or broker license required for purchasing liability insurance from risk retention group.
58-6A-19.5 Insurance producer or broker license required to solicit liability insurance for purchasing group from insurer or risk retention group.
58-6A-19.6 Insurance producer or broker license required to solicit liability insurance for member of purchasing group.
58-6A-19.7 Surplus lines producer or excess line producer license required to solicit liability insurance from unauthorized insurer for purchasing group.
58-6A-20 Director's use of enforcement powers--Injunctive authority.
58-6A-21 Penalty for violation.
58-6A-22 Broker license--Waiver of residency requirements.
58-6A-23 Enforcement of injunction against risk retention group in hazardous financial condition.
58-6A-24 Promulgation of rules.