Surplus lines insurance may be procured from non-admitted insurers, if:
- (1) the insurance meets the conditions specified in section 5024 of this title;
- (2) the insurance is placed through a licensed surplus lines broker;
- (3) the insurer meets the conditions specified in section 5026 of this title; and
- (4) all other requirements of this chapter are met.
(Added 1979, No. 50, § 2; amended 1979, No. 197 (Adj. Sess.), § 2; 2001, No. 97 (Adj. Sess.), § 19.)