Miss. Code § 83-23-105

Current through the 2024 Regular Session

Section 83-23-105 - Application of article; exceptions

This article shall apply to all kinds of direct insurance except the following:

(a) Life, annuity, health or disability insurance;

(b) Mortgage guaranty, financial guaranty or other forms of insurance offering protection against insolvent risks;

(c) Fidelity or surety bonds, or any other bonding obligations;

(d) Credit insurance;

(e) Insurance of warranties or service contracts;

(f) Title insurance;

(g) Ocean marine insurance;

(h) Any transaction or combination of transactions between a person (including affiliates of such person) and an insurer (including affiliates of such insurer) which involves the transfer of investment or credit risk unaccompanied by transfer of insurance risk; and

(i) Any insurance provided by or guaranteed by government.

Miss. Code § 83-23-105

Codes, 1942, § 5814-53; Laws, 1970, ch. 446, § 3; Laws, 1992, ch. 412, § 1, eff. 7/1/1992.