(a) All group life, annuity, and accident and health insurance placed by an employer on employees who are residents of this state shall be placed by the employer with an insurer authorized to transact insurance in this state.
(b) This section shall not apply to group insurance lawfully placed in an authorized insurer as a surplus line under ยง 23-65-101 et seq.
Section: Previous 23-83-113 23-83-114 23-83-115 23-83-116 23-83-117 23-83-118 23-83-119 23-83-120 23-83-121 23-83-122 23-83-123 23-83-124 23-83-125 23-83-126 NextLast modified: November 15, 2016