Title 33, Chapter 5, Section 35
( 33-5-35)
This article controlling the placing of insurance with unauthorized
insurers shall not apply to reinsurance or to the following
insurances when so placed by licensed agents or brokers of this
state: (1) Insurance on subjects located, resident, or to be performed
wholly outside of this state or on vehicles or aircraft owned and
principally garaged outside this state; (2) Insurance on property or operation of railroads engaged in
interstate commerce; or (3) Insurance of aircraft owned or operated by manufacturers of
aircraft or operated in scheduled interstate flight, or cargo of
the aircraft, or against liability, other than workers'
compensation and employer's liability, arising out of the
ownership, maintenance, or use of the aircraft. |