26-36-106. Compulsory associations.
(a) No risk retention group shall be permitted to join or contribute financially to any insurance insolvency guaranty fund or similar mechanism in this state, nor shall any risk retention group or its insureds receive any benefit from any such fund for claims arising out of the operations of such risk retention group.
(b) A risk retention group shall participate in this state's joint underwriting associations and mandatory liability pools as provided by this act.
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