Connecticut General Statutes 38a-257 – Solicitation or sale of insurance only to persons eligible for group membership
Current as of: 2023 | Check for updates
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No risk retention group, purchasing group or producer shall solicit or sell insurance to any person who is not eligible for membership in such group.
Terms Used In Connecticut General Statutes 38a-257
- Insurance: means any agreement to pay a sum of money, provide services or any other thing of value on the happening of a particular event or contingency or to provide indemnity for loss in respect to a specified subject by specified perils in return for a consideration. See Connecticut General Statutes 38a-1
- Person: means an individual, a corporation, a partnership, a limited liability company, an association, a joint stock company, a business trust, an unincorporated organization or other legal entity. See Connecticut General Statutes 38a-1