StacksVerified U.S. regulatory reference

45 CFR §153.265

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
A State that establishes a reinsurance program must ensure that its applicable reinsurance entity does not use any funds for the support of reinsurance operations, including any reinsurance contributions provided under the national contribution rate for administrative expenses, for any of the following purposes:
  1. (a)Staff retreats;
  2. (b)Promotional giveaways;
  3. (c)Excessive executive compensation; or
  4. (d)Promotion of Federal or State legislative or regulatory modifications.