Each application for insurance from a risk retention group and each policy issued by a risk retention group shall contain in ten point type on the front page and the declaration page, the following notice:
NOTICE
This policy is issued by your risk retention group. Your risk retention group may not be subject to all of the insurance laws and regulations of your state. State insurance insolvency guaranty funds are not available for your risk retention group.
(P.A. 87-135, S. 6, 18; P.A. 16-206, S. 7.)
History: Sec. 38-535 transferred to Sec. 38a-255 in 1991; P.A. 16-206 replaced “Any” with “Each application for insurance from a risk retention group and each”.
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