Reinsurance — Us Code Code § 53907
Us Code Code § 53907 — Reinsurance. Reproduced from the official United States Code, with a citation summary, verification link, and related provisions.
§ 53907. Reinsurance
(a)
(b)
(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1629.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 53907 | 46 App.:1287. | June 29, 1936, ch. 858, title XII, §1207, as added Sept. 7, 1950, ch. 906, 64 Stat. 775. |
In subsection (a), the words "insurance under this chapter" are substituted for "marine, war risk, and liability insurance" for consistency in this chapter. The words "in whole or in part" are omitted as unnecessary. The words "obtain reinsurance from" are substituted for "reinsure with, or cede or retrocede to" for clarity and to eliminate unnecessary words.
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46 U.S.C. § 53907 is part of Title 46 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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