Vt. Stat. Ann. tit. 8, § 5023
Surplus lines insurance; authorized
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
Surplus lines insurance may be procured from non-admitted insurers, if:
Surplus lines insurance may be procured from non-admitted insurers, if:
(1) The insurance meets the conditions specified in section 5024 of this title;
(1) The insurance meets the conditions specified in section 5024 of this title;
(2) The insurance is placed through a licensed surplus lines broker;
(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
(3) The insurer meets the conditions specified in section 5026 of this title; and
(4) All other requirements of this chapter are met. Added 1979, No. 50, § 2; amended 1979, No. 197 (Adj. Sess.), § 2; amended 2001, No. 97 (Adj. Sess.), § 19.
(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.