Vt. Stat. Ann. tit. 8, § 5023

Surplus lines insurance; authorized

Known as the Non-Admitted Insurance Act

The act spans §§ 8–8 (21 sections).

Added 1979, No. 50, § 2; amended 1979, No. 197 (Adj

Surplus lines insurance may be procured from non-admitted insurers, if:

(1) the insurance meets the conditions specified in section 5024 of this title;

(2) the insurance is placed through a licensed surplus lines broker;

(3) the insurer meets the conditions specified in section 5026 of this title; and

(4) all other requirements of this chapter are met.

Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.