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§ 10-3-1401. Short Title

This part 14 shall be known and may be cited as the “Model Risk Retention Act”. Source: L. 91: Entire part added, p. 1248, § 10, effective July 1.

§ 10-3-1402. Purpose

The purpose of this part 14 is to authorize the commissioner to regulate the formation or operation, or both, of risk retention groups and purchasing groups in this state formed pursuant to the provisions of the federal “Liability Risk Retention Act of 1986”, to the extent permitted by such federal law. Source: L. 91: Entire […]

§ 10-3-1403. Authority of Commissioner

The commissioner may establish, and from time to time amend, such regulations as are necessary to enable the commissioner to regulate risk retention groups and purchasing groups in this state to the extent permitted by the federal “Liability Risk Retention Act of 1986” and pursuant to the provisions of the laws of the state of […]