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TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER i: ADVISORY ORGANIZATIONS PART 752 LICENSE, DOCUMENTS NECESSARY TO ENGAGE IN ACTIVITIES AND EXAMINATIONS SECTION 752.20 DOCUMENTS-JOINT UNDERWRITING AND JOINT REINSURANCE
Section 752.20 Documents-Joint Underwriting and Joint Reinsurance
a) All groups, associations or organizations of admitted companies which engage in joint underwriting or joint reinsurance through a formal group, association, or organization must file necessary documents prior to January 1, 1973.
b) Necessary documents of these entities in a) above must include:
1) Copies certified by the custodian of the originals of the following:
A) its Articles of Incorporation, Agreement or Association;
B) its Constitution;
C) by-laws, rules or regulations governing its activities.
2) Its list of members.
3) The name and address of its resident agent for service of process.
c) Joint underwriting or joint reinsurance arrangements or transactions by two or more admitted companies which do not constitute formal group, association, or organization arrangements or transactions do not require filing under this Article of the Insurance Code.
d) Notification of substantive changes in those documents required in b) above must be made within 60 days of the change. |