Article 3 - Domestic Mutual Insurers

Article 3 - Domestic Mutual Insurers

§ 33-14-60. Bylaws
§ 33-14-61. Types of insurance in which newly organized insurers authorized to transact business; requirements as to transaction of particular kinds of insurance generally
§ 33-14-62. Authorization of transaction of additional kinds of insurance
§ 33-14-63. Filing of surety bond or deposit by incorporators of proposed insurer; conditions of bond or deposit; release and discharge
§ 33-14-64. Solicitation of applications for policies upon approval of bond or deposit; provisions and execution of applications; requirement of cash premiums
§ 33-14-65. Deposit of premiums and fees collected; issuance and delivery of policies by insurers; effective date of insurance
§ 33-14-66. Return of deposits or premiums upon failure of proposed insurer to complete organization and secure original certificate of authority
§ 33-14-67. Policyholders deemed members of insurers; persons entitled to become members; liability upon insurance contracts of representatives of members; rights of members generally
§ 33-14-68. Contingent liability of members
§ 33-14-69. Levy of assessment by directors; computation of assessment; allowance of offsets against assessments
§ 33-14-70. Notice of assessment; presumption as to correctness of assessment; proceedings upon failure of member to pay assessment
§ 33-14-71. Extinguishment of contingent liability; revocation of authority to issue policies without contingent liability; issuance of nonassessable policies by foreign or alien insurers
§ 33-14-72. Reinsurance of risks
§ 33-14-73. Dividends payable only out of net realized savings and earnings
§ 33-14-74. Liability of directors for declaration or payment of illegal dividend
§ 33-14-75. Procedure for merger or consolidation
§ 33-14-76. Authorization and procedure for conversion of mutual insurer to stock insurer
§ 33-14-77. Distribution of assets to members upon liquidation of insurers generally; calculation of distributive shares of members

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