§431:8-204 Liability of person assisting unauthorized insurer. In the event of failure of any such unauthorized insurer to pay any claim or loss within the provisions of such insurance contract, any person who assisted or in any manner aided directly or indirectly in the procurement of such insurance contract and who knew or should have known the transaction was illegal shall be liable to the insured for the full amount of the claim or loss in the manner provided by the provisions of the insurance contract. [L 1987, c 347, pt of §2]
Section: Previous 431-7-310 431-7-311 431-8-101 431-8-102 431-8-201 431-8-202 431-8-203 431-8-204 431-8-205 431-8-206 431-8-207 431-8-208 431-8-209 431-8-210 431-8-211 NextLast modified: October 27, 2016