Fabio
76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
40 lines
1.8 KiB
Markdown
40 lines
1.8 KiB
Markdown
---
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type: "LegalText"
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title: "15 U.S.C. § 8205"
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description: "Streamlined application for commercial purchasers"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 15
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title_name: "COMMERCE AND TRADE"
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chapter_number: "108"
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chapter_name: "STATE-BASED INSURANCE REFORM"
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section: "8205"
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citation: "15 U.S.C. § 8205"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip"
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source_identifier: "/us/usc/t15/s8205"
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source_file: "data/legal/raw/us/code/title-15/usc15.xml"
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source_hash: "c0123b05218ebfa9bf99bd6db48f6c78d493313cd4fe95790a41db5c2ae001f4"
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raw_snapshot_hash: "6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059"
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text_hash: "5578a29a3f9828777679e154c19acb7714f05dc7721037396d3461428223af5f"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 15 U.S.C. § 8205 - Streamlined application for commercial purchasers
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## Text
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A surplus lines broker seeking to procure or place nonadmitted insurance in a State for an exempt commercial purchaser shall not be required to satisfy any State requirement to make a due diligence search to determine whether the full amount or type of insurance sought by such exempt commercial purchaser can be obtained from admitted insurers if—
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(1) the broker procuring or placing the surplus lines insurance has disclosed to the exempt commercial purchaser that such insurance may or may not be available from the admitted market that may provide greater protection with more regulatory oversight; and
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(2) the exempt commercial purchaser has subsequently requested in writing the broker to procure or place such insurance from a nonadmitted insurer.
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(Pub. L. 111–203, title V, § 525, July 21, 2010, 124 Stat. 1591.)
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