Prohibited Acts

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The following acts by a risk retention group are prohibited:

  1. The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and
  2. The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.

(Code 1981, §33-40-9, enacted by Ga. L. 1987, p. 875, § 1.)


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