Insurance contracts procured as surplus lines coverage from unauthorized insurers in accordance with this subtitle shall be fully valid and enforceable as to all parties, and shall be given recognition in all matters and respects to the same effect as like contracts issued by authorized insurers.
Effective: June 18, 1970
History: Created 1970 Ky. Acts ch. 301, subtit. 10, sec. 10, effective June 18, 1970.