A contract of insurance effectuated by a surplus lines insurer in violation of this Code shall be voidable except at the instance of the insured.
Added by Laws 1957, p. 256, § 1102, operative July 1, 1957. Amended by Laws 2010, c. 222, § 11, eff. Nov. 1, 2010; Laws 2015, c. 49, § 1, eff. Nov. 1, 2015.