Section 31A-37-305 - Contributions to guaranty or insolvency fund prohibited(1) A captive insurance company may not join or contribute financially to any of the following in this state: (2) A captive insurance company, the insured of a captive insurance company, the parent of a captive insurance company, an affiliate of a captive insurance company, or a member organization of an association captive insurance company may not receive a benefit from: (d) a guaranty fund for claims arising out of the operations of the captive insurance company; or(e) an insolvency fund for claims arising out of the operations of the captive insurance company.Amended by Chapter 168, 2017 General Session ,§ 64, eff. 5/9/2017.Enacted by Chapter 251, 2003 General Session.