Chapter 17
Reciprocal Exchanges and Interinsurers

Index of Sections

§ 27-17-1. Admission of foreign exchanges and interinsurers.

§ 27-17-2. Power of subscribers to exchange reciprocal and interinsurance contracts.

§ 27-17-3. Execution by attorney — Office in state.

§ 27-17-4. Declaration filed by attorney — Requirements for admission.

§ 27-17-5. Service of process.

§ 27-17-6. Certificate of authority to do business.

§ 27-17-7. Reinsurance reserve.

§ 27-17-8. “Net premium deposits” defined.

§ 27-17-9. Contingent reserve.

§ 27-17-10. Claim or loss reserve.

§ 27-17-11. Advance of funds for reserves — Maintenance.

§ 27-17-12. Deficiencies in reserves.

§ 27-17-13. Certificate of deposit by foreign exchange or interinsurer.

§ 27-17-14. Cash premium deposit and contingent liability of subscriber.

§ 27-17-15. Reports and examination of affairs of exchanges.

§ 27-17-16. Penalty for doing business without compliance.

§ 27-17-17. Permits to solicit powers of attorney and applications.

§ 27-17-18. Insertion of provisions in standard policies.

§ 27-17-19. Fees and taxes.

§ 27-17-20. Applicability of insurance producers’ laws.

§ 27-17-21. Applicability of rating laws.

§ 27-17-22. Maximum liability on policy.

§ 27-17-23. Exchange of workers’ compensation insurance.

§ 27-17-24. Retaliatory laws.

§ 27-17-25. Hearings on rules and decisions of commissioner.

§ 27-17-26. Judicial review of orders and decisions of commissioner.

§ 27-17-27. Severability.