There Is a Newer Version
of
the Vermont Statutes
2011 Vermont Code
Title 08 Banking and Insurance
Chapter 138 NON-ADMITTED INSURERS
§ 5023 Surplus lines insurance; authorized
Universal Citation:
8 VT Stats § 5023. (2011 through Adj Sess)
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§ 5023. Surplus lines insurance; authorized
Surplus lines insurance may be procured from nonadmitted 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. (Added 1979, No. 50, { 2; amended 1979, No. 197 (Adj. Sess.), { 2; amended 2001, No. 97 (Adj. Sess.), { 19.)
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