27-7-1-10. Foreign Lloyds association; documents required; appointment of attorney for service of process

IN Code § 27-7-1-10 (2019) (N/A)
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Sec. 10. A true copy of the articles of association or copartnership agreement, power of attorney, and a copy of each form of policy by it issued, verified by the attorney or attorneys in fact, shall be filed with the insurance commissioner, as well as a copy of the last report filed with the insurance department of its home state, and also a declaration and agreement, duly executed and acknowledged by the attorneys in fact of said Lloyds, appointing the insurance commissioner as a true and lawful attorney for such Lloyds and the underwriters thereof in and for this state, upon whom all legal process in any action or proceedings against said Lloyds or the underwriters thereof may be served, and that any service upon the insurance commissioner shall be equivalent to the personal service within the state of such persons of each and every such underwriter.

Formerly: Acts 1919, c.177, s.10. As amended by P.L.148-2017, SEC.15.