As Amended
SEC. 83-23-105. Application of article; exceptions.
This article shall apply to all kinds of direct insurance except the following:
(a) Life, annuity, health or disability insurance;
(b) Mortgage guaranty, financial guaranty or other forms of insurance offering protection against insolvent risks;
(c) Fidelity or surety bonds, or any other bonding obligations;
(d) Credit insurance;
(e) Insurance of warranties or service contracts;
(f) Title insurance;
(g) Ocean marine insurance;
(h) Any transaction or combination of transactions between a person (including affiliates of such person) and an insurer (including affiliates of such insurer) which involves the transfer of investment or credit risk unaccompanied by transfer of insurance risk; and
(i) Any insurance provided by or guaranteed by government.
SOURCES: Codes, 1942, Sec. 5814-53; Laws, 1970, ch. 446, Sec. 3, eff from and after passage (approved April 6, 1970). Laws, 1992, ch. 412, Sec. 1, eff from and after July 1, 1992.