Chapter 46 - REINSURANCE INTERMEDIARY ACT
- Section 38-46-10 - Short title
- Section 38-46-20 - Definitions
- Section 38-46-30 - Licensing requirement for intermediary-broker and intermediary-manager; bond; requisites for licensing; fee; refusal of license; designation of person to receive process; attorneys exempt
- Section 38-46-40 - Written contract required between intermediary-broker and insurer it represents; minimum terms contract must provide
- Section 38-46-50 - Records of contracts of reinsurance to be maintained for at least ten years; access by insurer
- Section 38-46-60 - Party engaged as intermediary-broker to be licensed; regulation of contacts between insurer and intermediary-broker with which it transacts business; annual filing of financial statements
- Section 38-46-70 - Transactions between reinsurance intermediary-manager and reinsurer it represents regulated; written contract required; approval by reinsurer's directors and by director; terms contract must include
- Section 38-46-80 - Acts prohibited of reinsurance intermediary-manager
- Section 38-46-90 - Party engaged to act as intermediary-manager to be licensed; annual filing of financial statements; loss reserves; authority for retrocessional contracts or participation in reinsurance syndicates; notice of termination of contract with intermediary-manager; persons in certain positions not to serve on reinsurer's board
- Section 38-46-100 - Reinsurance intermediary subject to examination; access to books, accounts and records
- Section 38-46-110 - Violations; hearings; penalties; judicial review; rights of policy holders, claimants, creditors, and other third parties not affected
- Section 38-46-120 - Department to promulgate regulations