Vermont § 5030 - Liability of surplus lines insurer for losses and
Full text of Vermont Vermont Statutes Online § 5030 — Liability of surplus lines insurer for losses and, with citation guidance and answers to common questions.
§ 5030. Liability of surplus lines insurer for losses and
- unearned premiums If a surplus lines insurer has assumed a surplus lines coverage through the intervention of a licensed surplus lines broker of this State, and if the premium for that coverage has been received by that broker, then in all questions thereafter arising under the coverage as between the insurer and the insured, the insurer shall be deemed to have received that premium and the insurer shall be liable to the insured for losses covered by such insurance and for any return premiums due on that insurance to the insured whether or not the broker is indebted to the insurer for such insurance or for any other cause. (Added 1979, No. 50, § 2; amended 2019, No. 57, § 11.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 5030
What does Vermont Statutes Online § 5030 cover?
Section 5030 ("Liability of surplus lines insurer for losses and") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 5030?
A common citation format is "Vermont Statutes Online § 5030" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 5030 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.