Title 15 — Commerce and TradeRelease 119-73not60
§3906 Injunctive Orders Issued by United States District Courts
Title 15 › Chapter 65— LIABILITY RISK RETENTION › § 3906
Summary
A federal court may stop a risk retention group from doing business in any State or U.S. territory if the court finds it is in hazardous financial condition. That order applies to the group, its officers and staff, and others who know about 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 15 — Commerce and Trade
Last Updated
Apr 3, 2026
Release point: 119-73not60