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April 4, 2020
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2019 Statute

Section Number

40-4501 - Citation of act.
40-4502 - Definitions.
40-4503 - Licensure of reinsurance brokers, managers and intermediaries, application fee; nonresidents, designation of agent for service of process; refund of commissioner to issue license; exemption for attorneys.
40-4504 - Contracts between reinsurance brokers and insurers; written authorization required, contents.
40-4505 - Same; records to be maintained by reinsurance broker; rights of insurer to access, copy and audit records.
40-4506 - Same; conditions; broker to provide insurer annual statement of financial condition.
40-4507 - Contracts between reinsurance managers and reinsurers; writing and commissioner's approval required; contents.
40-4508 - Same; reinsurance managers precluded from taking certain actions.
40-4509 - Same; conditions; manager to provide reinsurer annual statement of financial condition; actuarial opinion on adequacy of loss reserves; authority over retrocessional contracts and syndicate participation; notice of contract termination to commissioner; reinsurance manager, officers, directors, employees, controlling shareholders and subproducers ineligible for appointment to reinsurer board.
40-4510 - Examination; access to books, bank accounts and records.
40-4512 - Rules and regulations.
40-4513 - Continuation of existing contracts.
2020. Powered by KLISS. Rendered: 2020-04-04T03:05:09. Head Rev No: 523292(E)