A risk retention group that violates any provision of sections 38a-250 to 38a-266, inclusive, shall be subject to fines and penalties applicable to licensed insurers generally, including revocation of its license and the right to do business in this state.(P.A. 87-135, S. 15, 18; P.A. 17-15, S. 21.)History: Sec. 38-544 transferred to Sec. 38a-264 in 1991; P.A. 17-15 made a technical change. A risk retention group that violates any provision of sections 38a-250 to 38a-266, inclusive, shall be subject to fines and penalties applicable to licensed insurers generally, including revocation of its license and the right to do business in this state.(P.A. 87-135, S. 15, 18; P.A. 17-15, S. 21.)History: Sec. 38-544 transferred to Sec. 38a-264 in 1991; P.A. 17-15 made a technical change.
Connecticut Legal Code