Article 45 - REGULATION OF REINSURANCE INTERMEDIARIES
- Section 40-4501 - Citation of act
- Section 40-4502 - Definitions
- Section 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
- Section 40-4504 - Contracts between reinsurance brokers and insurers; written authorization required, contents
- Section 40-4505 - Same; records to be maintained by reinsurance broker; rights of insurer to access, copy and audit records
- Section 40-4506 - Same; conditions; broker to provide insurer annual statement of financial condition
- Section 40-4507 - Contracts between reinsurance managers and reinsurers; writing and commissioner's approval required; contents
- Section 40-4508 - Same; reinsurance managers precluded from taking certain actions
- Section 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
- Section 40-4510 - Examination; access to books, bank accounts and records
- Section 40-4512 - Rules and regulations
- Section 40-4513 - Continuation of existing contracts