Chapter 17 - Reciprocal Insurers

Chapter 17 - Reciprocal Insurers

§ 33-17-1. Definitions
§ 33-17-2. Applicability of chapter
§ 33-17-3. Authorization of transaction of insurance by reciprocal insurers generally
§ 33-17-4. Types of insurance in which reciprocal insurers authorized to transact business; reinsurance
§ 33-17-5. Requirements as to name; actions by and against insurers
§ 33-17-6. Procedure for incorporation of domestic reciprocal insurer generally; application for certificate of authority; execution and filing by attorney of declaration; contents of declaration
§ 33-17-7. Issuance of certificate of authority; refusal, suspension, or revocation of certificate of authority; renewal of certificate; payment of fees and taxes
§ 33-17-8. Filing of bond by attorney for insurer; amount of bond; cancellation of bond
§ 33-17-9. Maintenance by attorney of deposit in lieu of bond
§ 33-17-10. Actions on attorney's bond or deposit
§ 33-17-11. Rights and powers of attorney for insurer generally; contents and terms of power of attorney; furnishing of copy of power of attorney to subscribers
§ 33-17-12. Effect of discharge of duties by attorney of foreign or alien insurer; office of attorney
§ 33-17-13. Designation by insurer of person to acknowledge or accept service of process; manner of service of process; effect of judgment based upon process served in manner prescribed
§ 33-17-14. Subscribers' advisory committee
§ 33-17-15. Modifications of terms of subscribers' agreement or of power of attorney
§ 33-17-16. General requirements for transaction of insurance by domestic reciprocal insurers
§ 33-17-17. Advancement of sums to insurer by attorney or other parties; withdrawal or repayment of advances
§ 33-17-18. Persons and organizations authorized to become subscribers; exchange of insurance contracts; personal liability upon contracts
§ 33-17-19. Liability of subscribers for obligations of insurer generally; contingent liability assessment
§ 33-17-20. Enforcement against subscriber of judgment against insurer
§ 33-17-21. Standards for determination by Commissioner of financial condition of insurer
§ 33-17-22. Manner of levy of assessments against subscribers generally; computation of assessments
§ 33-17-23. Limitation period for assessments
§ 33-17-24. Maximum assessable aggregate contingent liability
§ 33-17-25. Insufficient assets to discharge liabilities and to maintain required surplus
§ 33-17-26. Authorization and procedure for issuance by Commissioner of certificate authorizing insurer to extinguish contingent liability of subscribers; revocation of certificate
§ 33-17-27. Distribution of unused premiums, savings, credits, or profits to subscribers
§ 33-17-28. Distribution of assets to subscribers upon liquidation of insurer
§ 33-17-29. Filing of annual statement with Commissioner
§ 33-17-30. Merger of reciprocal insurers; conversion of reciprocal insurers to stock or mutual insurers
§ 33-17-31. Exchange of contracts or indemnities by attorneys

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