Title 15, Commerce and TradeRelease 119-102
§3906 Injunctive Orders Issued by United States District Courts
Title 15 › CHAPTER 65 — LIABILITY RISK RETENTION › § 3906
Summary
A U.S. district court can bar a risk retention group from selling insurance or operating in any state or U.S. territory if it finds the group in hazardous financial condition; the order binds the group, its officers, and anyone actually notified.
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
Aug 21, 2026
Release point: 119-102