Current through L. 2024, ch. 259
Section 20-218.02 - Change of known place of business or statutory agentA. A domestic insurer may change its known place of business in this state or its statutory agent in this state, or both, upon filing with the director a statement setting forth: 1. The name of the insurer.2. The address of its then known place of business.3. If the address of its known place of business is to be changed, the address to which it is to be changed.4. The name and address of its then statutory agent.5. If its statutory agent or his address is to be changed, the name and address of its successor statutory agent, or the new address.6. That such change was duly authorized by the insurer.B. If a domestic insurer's statutory agent is changed or resigns, a new statutory agent shall be appointed by the insurer. The termination of an existing statutory agent shall not take effect until the insurer has appointed a new valid statutory agent.