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42 U.S. Code § 4051

Industry flood insurance pool; requirements for participation

42 U.S. Code § 4051. Industry flood insurance pool; requirements for participation

(a) The Administrator is authorized to encourage and otherwise assist any insurance companies and other insurers which meet the requirements prescribed under subsection (b) to form, associate, or otherwise join together in a pool—
(1)
in order to provide the flood insurance coverage authorized under subchapter I; and
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