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15 U.S.C. § 6735 — Other provisions
Federal law — U.S. Code and appendices · legal_authorities
**(a) Judicial review** The appropriate United States district court shall have exclusive jurisdiction over litigation arising under this section 11 See References in Text note below. involving any redomesticating or redomesticated insurer.
**(b) Severability** If any provision of this section,1 or the application thereof to any person or circumstances, is held invalid, the remainder of the section,1 and the application of such provision to other persons or circumstances, shall not be affected thereby.
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Source file: Laws/federal/codes/united-states-code/title-15/section-6735-other-provisions--106f79d761.md
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Source location: Title 15, Chapter 93, § 6735; chapter-093-insurance.md
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**(a) Judicial review** The appropriate United States district court shall have exclusive jurisdiction over litigation arising under this section 11 See References in Text note below. involving any redomesticating or redomesticated insurer.
**(b) Severability** If any provision of this section,1 or the application thereof to any person or circumstances, is held invalid, the remainder of the section,1 and the application of such provision to other persons or circumstances, shall not be affected thereby.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Immunity**
(1) **Definitions** — In this section—
(A) the term “Bank Secrecy Act officer” means an individual responsible for ensuring compliance with the requirements mandated by subchapter II of chapter 53 of title 31 (commonly known as the “Bank Secrecy Act”);
(B) the term “broker-dealer” means a broker and a dealer, as those terms are defined in [section 78c(a) of title 15](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section78c/a&num=0&edition=prelim);
(C) the term “covered agency” means—
(i) a State financial regulatory agency, including a State securities or law enforcement authority and a State insurance regulator;
(ii) each of the Federal agencies represented in the membership of the Financial Institutions Examination Council established under [section 3303 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section3303&num=0&edition=prelim);
(iii) a securities association registered under section 78o–3 of title 15;
(iv) the Securities and Exchange Commission;
(v) a law enforcement agency; or
(vi) a State or local agency responsible for administering adult protective service laws;
(D) the term “covered financial institution” means—
(i) a credit union;
(ii) a depository institution;
(iii) an investment adviser;
(iv) a broker-dealer;
(v) an insurance company;
(vi) an insurance agency; or
(vii) a transfer agent;
(E) the term “credit union” has the meaning given the term in [section 5301 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section5301&num=0&edition=prelim);
(F) the term “depository institution” has the meaning given the term in [section 1813(c) of this title](https://uscode.
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 3423
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Federal law — U.S. Code and appendices · legal_authorities
Page 2278
TITLE 15—COMMERCE AND TRADE
§ 6734
1 See References in Text note below.
(3) register with and designate the State in-
surance regulator as its agent solely for the
purpose of receiving service of legal docu-
ments or process;
(4) submit to an examination by the State
insurance regulator in any licensed State in
which the redomesticated insurer is doing
business to determine the insurer’s financial
condition, if—
(A) the State insurance regulator of the
transferee domicile has not begun an exam-
ination of the redomesticated insurer and
has not scheduled such an examination to
begin before the end of the 1-year period be-
ginning on the date of the redomestication;
and
(B) any such examination is coordinated to
avoid unjustified duplication and repetition;
(5) comply with a lawful order issued in—
(A) a delinquency proceeding commenced
by the State insurance regulator of any li-
censed State if there has been a judicial
finding of financial impairment under para-
graph (7); or
(B) a voluntary dissolution proceeding;
(6) comply with any State law regarding de-
ceptive, false, or fraudulent acts or practices,
except that if the licensed State seeks an in-
junction regarding the conduct described in
this paragraph, such injunction must be ob-
tained from a court of competent jurisdiction
as provided in section 6734(a) of this title;
(7) comply with an injunction issued by a
court of competent jurisdiction, upon a peti-
tion by the State insurance regulator alleging
that the redomesticating insurer is in haz-
ardous financial condition or is financially im-
paired;
(8) participate in any insurance insolvency
guaranty association on the same basis as any
other insurer licensed in the licensed State;
and
(9) require a person acting, or offe
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