Connecticut § 38a-289 (Formerly Sec. 38-28). Contracts of reinsurance.

Connecticut Statutes

§ 38a-289 — (Formerly Sec. 38-28). Contracts of reinsurance.

Connecticut·Title 38a Insurance·Ch. 699 Insurance Contracts in General

Contracts for reinsurance shall be deemed insurance contracts, but the hazard under such contracts is declared to be distinct in nature from the hazard originally insured. No provision of law relative to the form of insurance contracts or policies shall apply to contracts of reinsurance unless made specifically applicable thereto. Each corporation, company or association which issues in this state any contract of reinsurance shall continue to possess and be subject as to such contract to all of the provisions of its charter and of the statutes, so far as they may be applicable, except as hereinbefore provided.

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Contracts for reinsurance shall be deemed insurance contracts, but the hazard under such contracts is declared to be distinct in nature from the hazard originally insured. No provision of law relative to the form of insurance contracts or policies shall apply to contracts of reinsurance unless made specifically applicable thereto. Each corporation, company or association which issues in this state any contract of reinsurance shall continue to possess and be subject as to such contract to all of the provisions of its charter and of the statutes, so far as they may be applicable, except as hereinbefore provided.

Connecticut § 38a-289 ((Formerly Sec. 38-28). Contracts of reinsurance.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.