Laws: Cases and Codes : U.S. Code : Title 15
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U.S. Code as of:
01/19/04
Chapter 65 - Notes
Sec.
3901. Definitions.
3902. Risk retention groups.
(a) Exemptions from State laws, rules, regulations,
or orders.
(b) Scope of exemptions.
(c) Licensing of agents or brokers for risk
retention groups.
(d) Documents for submission to State insurance
commissioners.
(e) Power of courts to enjoin conduct.
(f) State powers to enforce State laws.
(g) States' authority to sue.
(h) State authority to regulate or prohibit
ownership interests in risk retention groups.
3903. Purchasing groups.
(a) Exemptions from State laws, rules, regulations,
or orders.
(b) Scope of exemptions.
(c) Licensing of agents or brokers for purchasing
groups.
(d) Notice to State insurance commissioners of
intent to do business.
(e) Designation of agent for service of documents
and process.
(f) Purchases of insurance through licensed agents
or brokers acting pursuant to surplus lines
laws.
(g) State powers to enforce State laws.
(h) States' authority to sue.
3904. Securities laws.
(a) Ownership interest of members in risk retention
groups.
(b) Investment companies.
(c) State blue sky laws.
3905. Clarification concerning permissible State authority.
(a) No exemption from State motor vehicle no-fault
and motor vehicle financial responsibility
laws.
(b) Applicability of exemptions.
(c) Prohibited insurance policy coverage.
(d) State authority to specify acceptable means of
demonstrating financial responsibility.
3906. Injunctive orders issued by United States district
courts.
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