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§ 33-32-10 — West Virginia Law | CourtGPT
  1. Home/
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  3. West Virginia/
  4. Chapter 33 - Insurance/
  5. Article 32 - Risk Retention Act§33-32-1. Purpose and Short Title/
  6. § 33-32-10
West Virginia Legal Code

§ 33-32-10

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The following acts by a risk retention group are hereby prohibited:(1) The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and (2) The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.