Chapter 3 - Authorization of Insurers.

Chapter 3 - Authorization of Insurers.

Section 27-3-1 - Certificate of authority - Requirement.
Section 27-3-2 - Certificate of authority - Exceptions - Generally.
Section 27-3-3 - Certificate of authority - Exceptions - Investment in real estate or securities secured thereby.
Section 27-3-4 - Authority to transact insurance - Eligibility.
Section 27-3-5 - Authority to transact insurance - Use of name by insurer.
Section 27-3-6 - Authority to transact insurance - Kind or combinations of kinds - Restrictions.
Section 27-3-6.1 - Authority to transact insurance - Kind or combinations of kinds - Closing or settlement protection.
Section 27-3-7 - Authority to transact insurance - Kind or combinations of kinds - Minimum paid-in capital stock and surplus.
Section 27-3-8 - Authority to transact insurance - Kind or combinations of kinds - Special surplus.
Section 27-3-9 - Minimum capital and surplus for new domestic stock life insurance company.
Section 27-3-10 - Application of capital surplus to reduction or elimination of deficit by domestic stock insurers.
Section 27-3-11 - Deposit requirements - Generally.
Section 27-3-12 - Deposit requirements - Special deposit - Surety insurers.
Section 27-3-13 - Deposit requirements - Special deposit - Title insurers.
Section 27-3-14 - Deposit requirements - Alien insurers - Generally.
Section 27-3-15 - Deposit requirements - Alien insurers - Trusteed assets.
Section 27-3-16 - Lloyd's insurers.
Section 27-3-17 - Application for certificate of authority - Filing.
Section 27-3-18 - Application for certificate of authority - Issuance or refusal; ownership of certificate.
Section 27-3-19 - Continuance, expiration, reinstatement and amendment of certificates.
Section 27-3-20 - Suspension or revocation of certificates - Mandatory grounds; notice and hearing.
Section 27-3-21 - Suspension or revocation of certificates - Additional grounds; notice and hearing.
Section 27-3-22 - Suspension or revocation of certificates - Order and notices.
Section 27-3-23 - Suspension or revocation of certificates - Duration of suspension; obligations of insurer during suspension; reinstatement.
Section 27-3-24 - Service of process on insurers - Appointment of commissioner as agent.
Section 27-3-25 - Service of process on insurers - How served; time to answer or plead.
Section 27-3-26 - Annual statement of insurers; furnishing of other information on request.
Section 27-3-26.1 - Annual statement to include statement of qualified independent loss reserve specialist.
Section 27-3-27 - Insurers to do business through licensed agents, etc.; exceptions.
Section 27-3-28 - Execution of contracts through countersigning resident agent; exceptions.
Section 27-3-29 - Protection of state insurers against foreign discriminatory or onerous requirements.
Section 27-3-30 - Foreign insurer may become domestic insurer; method; certificate and license eligibility; authority and jurisdiction of state; continuation of corporate existence and date of incorporation.
Section 27-3-31 - Domestic insurer may transfer domicile to another state and be admitted as foreign insurer if so qualified; approval of Commissioner of Insurance; effect of interests of policyholders.
Section 27-3-32 - Domestic insurer may transfer domicile to another state and be admitted as foreign insurer if so qualified; approval of Commissioner of Insurance; effect of interests of policyholders; effect upon certificates of authority, agents, etc., including outstanding policies; insurer's duty to file new policy forms; insurer's duty to notify commissioner of details of transfer and file amendments required by law.
Section 27-3-33 - Rules and regulations.

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