Individuals, partnerships, corporations, limited liability companies, public hospitals, including community hospitals, and all other types of entities authorized to exist under the laws of this state, designated as subscribers, may exchange reciprocal or inter insurance contracts with each other or with individuals and all types of entities authorized to exist under the laws of other states, territories, districts and countries, providing insurance or indemnity among themselves from any loss which may be insured against under other provisions of the law except life insurance.
Structure Mississippi Code
Chapter 33 - Reciprocal Insurance
§ 83-33-1. Regulation of exchange
§ 83-33-3. Execution of contracts
§ 83-33-5. Declaration under oath
§ 83-33-17. Certificate of authority
§ 83-33-19. Taxation of premium receipts
§ 83-33-23. Board of directors to control and manage reciprocal
§ 83-33-25. Return of savings or credits accruing to subscribers
§ 83-33-33. Liability of subscribers for reciprocal's debts or obligations
§ 83-33-37. Two or more reciprocals authorized to combine assets and liabilities into one reciprocal