ยง431:8-102ย  Definitions.ย  As used in
this article:



"Authorized insurer" means an insurer
holding a valid certificate of authority to transact an insurance business in
this State.



"Surplus lines broker" means any
producer licensed under section 431:8-310 to place insurance on risks resident,
located, or to be performed in this State with unauthorized insurers.



"Surplus lines insurance" means any
insurance on risks resident, located or to be performed in this State, procured
from or placed with an unauthorized insurer in accordance with part III of this
article.



"Unauthorized insurer" means an
insurer not holding a valid certificate of authority to transact an insurance
business in this State. [L 1987, c 347, pt of ยง2; am L 1989, c 195, ยง18; am L
2002, c 155, ยง13]