Bond; Errors and Omissions Policy

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Sec. 14. The commissioner may require a RM subject to section 13 of this chapter to:

(1) file a bond from an insurer in an amount acceptable to the commissioner for the protection of the reinsurer; and

(2) maintain an errors and omissions policy in an amount acceptable to the commissioner.

As added by P.L.26-1991, SEC.26.


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