Chapter 34 - RECIPROCAL INSURERS

Section 58-34-1 - Reciprocal insurance defined
Section 58-34-2 - Reciprocal insurer defined
Section 58-34-3 - Attorney defined
Section 58-34-4 - Application of chapter to foreign reciprocal insurers
Section 58-34-5 - Compliance required of existing insurers
Section 58-34-6 - Organization of insurer-Number of persons required
Section 58-34-7 - Application for certificate of authority-Execution and filing-Contents
Section 58-34-8 - Bond of attorney in fact-Filing with and approval by director
Section 58-34-9 - Amount and conditions of bond
Section 58-34-10 - Advance notice of cancellation of bond
Section 58-34-11 - Deposit in lieu of bond
Section 58-34-12 - Action on bond or to recover against deposit
Section 58-34-13 - Business name of insurer-Use in suits by and against
Section 58-34-14 - Surplus funds of domestic reciprocal insurer-Amounts required
Section 58-34-15 - Additional expendable surplus required of new insurer
Section 58-34-16 - Additional kinds of insurance transacted-Minimum amount of surplus funds
Section 58-34-17 - Surplus funds of existing insurers-Laws governing
Section 58-34-18 - Issuance of certificate of authority
Section 58-34-19 - Refusal, suspension, or revocation of certificate of authority-Grounds
Section 58-34-20 - Rights and powers of attorney provided by subscribers' agreement
Section 58-34-21 - Power of attorney-Form and contents
Section 58-34-22 - Power of attorney-Terms-Approval by director
Section 58-34-23 - Service of legal process upon domestic insurer
Section 58-34-24 - Liability of subscribers for judgment against insurer-Service of legal process
Section 58-34-25 - Eligibility to become subscriber
Section 58-34-26 - Authority of corporation to exchange insurance contracts
Section 58-34-27 - Representatives of subscribers not liable on contract
Section 58-34-28 - Advisory committee representing subscribers-Selection
Section 58-34-29 - Advisory committee-Qualifications of members
Section 58-34-30 - Powers of advisory committee
Section 58-34-31 - Modification of subscribers' agreement or power of attorney
Section 58-34-32 - Kinds of business transacted-Life or title insurance excepted
Section 58-34-33 - Reinsurance authorized
Section 58-34-34 - Advance of funds to insurer
Section 58-34-35 - Liability of subscribers several and proportionate
Section 58-34-36 - Contingent assessment liability of subscriber
Section 58-34-37 - Contingent liability stated in assessable policy
Section 58-34-38 - Assessments against subscribers-Authority for levy
Section 58-34-39 - Computation of amounts of assessments-Ratio of deficiency to premiums earned
Section 58-34-40 - Earned premiums, computation for purpose of assessments
Section 58-34-41 - Offset of claim for unearned premium against assessment prohibited
Section 58-34-42 - Time limit for levy of assessment
Section 58-34-43 - Aggregate liability of subscriber-Maximum in one year
Section 58-34-44 - Subscriber not liable until final judgment against insurer
Section 58-34-45 - Limited liability of subscriber on judgment
Section 58-34-46 - Nonassessable policies-Authorization for issuance-Extinguishment of contingent liability
Section 58-34-47 - Extinguishment of contingent liability of all subscribers required for authorization of nonassessable policies
Section 58-34-48 - Impairment of surplus required for nonassessable policies-Revocation of extinguishment authority
Section 58-34-49 - Savings-Distribution to subscribers
Section 58-34-50 - Liquidation-Distribution of remaining assets to subscribers
Section 58-34-51 - Annual statement of insurer-Filing
Section 58-34-52 - Annual statement-Supplemental information required by director
Section 58-34-53 - Determination of financial condition-Rules applied by director
Section 58-34-54 - Premium deposits as assets
Section 58-34-55 - Surplus deposits-Allowance as assets
Section 58-34-56 - Uncollected assessments not allowed as assets
Section 58-34-57 - Contingent liability of subscribers not allowed as asset
Section 58-34-58 - Reserves charged as liabilities
Section 58-34-59 - Computation of reserves
Section 58-34-60 - Surplus deposits of subscribers not a liability
Section 58-34-61 - Merger or conversion prohibited
Section 58-34-62 - Impairment of surplus-Deficiency to be made up
Section 58-34-63 - Failure to make up deficiency-Insurer deemed insolvent
Section 58-34-64 - Liquidation of insurer ordered-Levy of assessment against subscribers