Title 15Commerce and TradeRelease 119-73

§3906 Injunctive orders issued by United States district courts

Title 15 › Chapter CHAPTER 65— - LIABILITY RISK RETENTION › § 3906

Last updated Apr 6, 2026|Official source

Summary

A district court can stop a risk retention group from operating in any state or territory if the court finds the group is in serious financial trouble. The order applies to the group and anyone who has actual notice of it.

Full Legal Text

Title 15, §3906

Commerce and Trade — Source: USLM XML via OLRC

Any district court of the United States may issue an order enjoining a risk retention group from soliciting or selling insurance, or operating, in any State (or in all States) or in any territory or possession of the United States upon a finding of such court that such group is in hazardous financial condition. Such order shall be binding on such group, its officers, agents, and employees, and on any other person acting in active concert with any such officer, agent, or employee, if such other person has actual notice of such order.

Reference

Citations & Metadata

Citation

15 U.S.C. § 3906

Title 15Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73