§431:8-300 - Exemptions from surplus lines law.

PART III. SURPLUS LINES INSURANCE

§431:8-300  Exemptions from surplus lineslaw.  This part shall not apply to reinsurance or to thefollowing insurance when placed by a licensed producer of this State:

(1)  Ocean marine insurance;

(2)  Insurance on subjects located, resident, or to beperformed wholly outside this State, or on vehicles or aircraft owned andprincipally garaged outside this State; or

(3)  Insurance of aircraft or cargo of such aircraft,or against liability, other than workers' compensation and employer'sliability, arising out of the ownership, maintenance, or use of such aircraft.[L 1989, c 195, §2; am L 2002, c 155, §15]