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Current as of January 01, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Vermont Statutes Title 8. Banking and Insurance, § 5023. Surplus lines insurance; authorized - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-8-banking-and-insurance/vt-st-tit-8-sect-5023/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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