Dale said:
It describes one of the conditions under which circuit theory can be applied. The induced E field does not need to be negligible everywhere, just on some surface surrounding the inductor.
I'm really puzzled about what you mean. Of course, the induced E field is not neglible. What's neglected in quasistationary circuit theory (i.e., for the case that the typical wavelength of the fields involved is large compared to the geometrical extensions of your circuit) is the displacement current. Faraday's Law is fully implemented, i.e.,
$$\vec{\nabla} \times \vec{E}=-\frac{1}{c} \partial_t \vec{B}$$
is integrated along an arbitrary surface. For circuit theory the best choice is to use a surface with the wires, resistances, coils, capacitors, and sources as its boundary. Then you use Stokes's Law. If the circuit is at rest this results in Kirchhoff's Law including ##-\dot{\Phi}/c##, where ##\Phi## is the magnetic flux along the surface.
Take the above example of a coil ##L## and a resistor ##R## in series connected to some voltage source/battery ##U##. Integrating in direction of the current density, you get
$$\int_{\partial A} \mathrm{d} \vec{r} \cdot \vec{E}=R i-U=-L \dot{i}.$$
As you very clearly see the closed-path integral of ##\vec{E}## is not 0 if the current is not stationary, and thus the electric field is not conservative in this case. See also Levin's example where the source is given by an induced EMF and the practical importance for the path dependence when measuring "voltages" in such cases.
For Kirchhoff's other law you use the Ampere-Maxwell law, reduced to the Ampere Law by neglecting the "displacement current", leading to the quasistationary condition
$$\vec{\nabla} \cdot \vec{j}=0,$$
leading to "current conservation" at branchings within the circuit. It's nothing else than the conservation of electric charge.