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§ 5701. “Reciprocal” insurance defined. - Reciprocal” insurance is that resulting from an interchange among persons,...
§ 5702. Scope of chapter; existing insurers. - (a) All authorized reciprocal insurers shall be governed by those...
§ 5703. Insuring powers of reciprocals. - (a) A reciprocal insurer may, upon qualifying therefor as provided...
§ 5704. Name; suits. - A reciprocal insurer shall: (1) Have and use a business...
§ 5705. Attorney; attorney, subscribers and reciprocal insurer a single entity. - (a) “Attorney,” as used in this chapter, refers to the...
§ 5706. Organization of reciprocal insurer. - (a) Twenty-five or more persons domiciled in this State may...
§ 5707. Certificate of authority. - (a) The certificate of authority of a reciprocal insurer shall...
§ 5708. Power of attorney. - (a) The rights and powers of the attorney of a...
§ 5709. Modifications. - Modifications of the terms of the subscribers' agreement or of...
§ 5710. Attorney's bond. - (a) Concurrently with the filing of the declaration provided for...
§ 5711. Deposit in lieu of bond. - In lieu of the bond required under § 5710 of...
§ 5712. Action on bond. - Action on the attorney's bond or to recover against any...
§ 5713. Service of process; judgment. - (a) Legal process shall be served upon a domestic reciprocal...
§ 5714. Contributions to insurer. - The attorney or other parties may advance to a domestic...
§ 5715. Financial condition; method of determining. - In determining the financial condition of a reciprocal insurer, the...
§ 5716. Subscribers. - Individuals, partnerships and corporations of this State may make application,...
§ 5717. Subscribers' advisory committee. - (a) The advisory committee of a domestic reciprocal insurer exercising...
§ 5718. Subscribers' liability generally. - (a) The liability of each subscriber, other than as to...
§ 5719. Subscribers' liability on judgment. - (a) No action shall lie against any subscriber upon any...
§ 5720. Assessments. - (a) Assessments may from time to time be levied upon...
§ 5721. Time limit for assessments. - Every subscriber of a domestic reciprocal insurer having contingent liability...
§ 5722. Aggregate or contingent liability. - No 1 policy or subscriber as to such policy shall...
§ 5723. Nonassessable policies. - (a) If a reciprocal insurer has a surplus of assets...
§ 5724. Subscribers' share in assets. - Upon the liquidation of a domestic reciprocal insurer, its assets...
§ 5725. Merger or conversion. - (a) A domestic reciprocal insurer upon affirmative vote of not...
§ 5726. Impaired reciprocals. - (a) If the assets of a domestic reciprocal insurer are...