Risk Retention Act

  1. Law
  2. Mississippi Code
  3. Insurance
  4. Risk Retention Act

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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