(1) the special purpose financial captive insurance company consents to the revocation, suspension, amendment, or modification; or
(2) the commissioner shows by clear and convincing evidence that the revocation, suspension, amendment, or modification is necessary to avoid irreparable harm to: (a) a special purpose financial captive insurance company; or (b) a ceding insurer.
(a) a special purpose financial captive insurance company; or
(b) a ceding insurer.
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