(1) Any captive insurance company issuing employee benefits coverages, as approved by the commissioner, in its plan of operation shall provide the minimum mandated insurance coverages required of insurance companies in the state.
(2) (a) (Deleted by amendment, L. 91, p. 1224, § 4, effective May 24, 1991.)
(b) (Deleted by amendment, L. 94, p. 542, § 3, effective April 6, 1994.)