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If the insurance licenseeG wishes to go into run-off or liquidate its business, the CBB will revise its license to restrict the firm from entering into new contracts of insuranceG . The insurance licenseeG must continue to comply with all applicable CBB requirements until such time as it is formally notified by the CBB that its obligations have been discharged and that it may surrender its license.

Amended: October 2011
Amended: July 2007
(3 Versions)
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