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Section 38-9-10. Capital and surplus required of stock insurers; delinquency. - (A)(1) Before licensing a stock insurer, the director or his...
Section 38-9-20. Surplus required of mutual insurers; delinquency. - (A)(1) Before licensing a mutual insurer, the director or his...
Section 38-9-30. Capital and surplus requirements of insurers licensed as of July 1, 1988; delinquency. - Sections 38-9-10 and 38-9-20 do not apply to an insurer...
Section 38-9-40. Director to notify insurers of amounts required; annual schedule. - The director or his designee shall notify each licensed insurer...
Section 38-9-50. Restrictions on kinds of insurance that insurers may write. - An insurer that fails to meet the minimum capital and...
Section 38-9-60. No limitation on certain license provisions. - Sections 38-9-30 to 38-9-50 may not be construed as a...
Section 38-9-70. Insurers may make deposits to do business in other states. - The director or his designee in his official capacity shall...
Section 38-9-80. Certificates of deposits or securities required; amounts; factors considered in setting amounts; limits. - (A) The director or his designee shall require every insurer...
Section 38-9-90. Securities or bonds must be held as security for claims. - The bonds or other securities required by Section 38-9-80 must...
Section 38-9-100. Deposit of securities not necessary when made with other states. - If a qualified insurer deposits with an officer or official...
Section 38-9-110. Voluntary deposits for compliance with laws of other states. - A domestic company, in order to comply with the laws...
Section 38-9-120. Exchange of deposited securities. - A depositing insurer may exchange for the deposited securities, or...
Section 38-9-130. Interest on deposited securities. - The director or his designee at the time of receiving...
Section 38-9-140. Principal of deposited securities. - When the principal of any securities deposited under Sections 38-9-80...
Section 38-9-150. Return of deposited securities. - Upon request of a domestic insurer the director or his...
Section 38-9-160. Enforcement of trust created by deposit. - An insurer which has made a deposit in this State,...
Section 38-9-170. Unearned premium reserve. - (A) An insurer authorized to transact business in this State,...
Section 38-9-180. Standard Valuation Law. - (A) This section is known as the "Standard Valuation Law"....
Section 38-9-190. Loss and claim reserves. - A company authorized to transact insurance in this State shall...
Section 38-9-200. Reinsurance credits; liability reductions. - (A) Credit for reinsurance must be allowed a domestic ceding...
Section 38-9-210. Reduction from liability for reinsurance; security. - An asset or a reduction from liability for the reinsurance...
Section 38-9-220. "Qualified United States financial institution" defined. - (A) For purposes of Section 38-9-210, a "qualified United States...
Section 38-9-225. Submission of Statements of Actuarial opinion; Actuarial Opinion Summaries and supporting papers.; liability of Appointed Actuary. - (A) Each property and casualty insurance company doing business in...
Section 38-9-230. Confidentiality. - (A) The Statement of Actuarial Opinion must be provided with...
Section 38-9-310. Definitions. - In this article, unless the context requires otherwise: (1) "Adjusted...
Section 38-9-320. Preparation and submission of RBC (risk based capital) Report; form and content. - (A) Every domestic licensee must, on or before each March...
Section 38-9-330. Company Action Level Event defined; preparation and submission of RBC (risk based capital) Plan by insurer. - (A) A "Company Action Level Event" includes any of the...
Section 38-9-340. Regulatory Action Level Event defined; duties of director; corrective action. - (A) A "Regulatory Action Level Event" includes any one of...
Section 38-9-350. Authorized Control Level Event defined; discretion, rights, powers and duties of director. - (A) An "Authorized Control Level Event" includes any of the...
Section 38-9-360. Mandatory Control Level Event defined; discretion, rights, powers and duties of director. - (A) A "Mandatory Control Level Event" includes any one of...
Section 38-9-365. Discretion of director to retain actuaries, investment experts, and other consultants; fees, costs, and expense. - The director may retain actuaries, investment experts, attorneys, and other...
Section 38-9-370. Confidential hearing; notification; time of hearing. - (A) A licensee has the right to a confidential hearing,...
Section 38-9-380. Confidentiality of reports, plans, and orders. - (A) All RBC Reports and Adjusted RBC Reports, to the...
Section 38-9-390. Prohibited use of information; publication of materially false or inappropriate statement. - (A) The comparison of a licensee's Total Adjusted Capital to...
Section 38-9-400. Limitations on use of RBC (risk based capital) Instructions, Reports, and Plans. - RBC Instructions, RBC Reports, Adjusted RBC Reports, RBC Plans, and...
Section 38-9-410. Other powers or duties of director or designee. - This article is supplemental to all other laws of this...
Section 38-9-420. Regulatory power of director. - The director may promulgate regulations necessary for the implementation of...
Section 38-9-430. Exemptions from application of article. - The director may exempt from the application of this article:...
Section 38-9-440. Applicability of RBC (risk based capital) requirements to foreign insurers. - (A) A foreign licensee, upon written request by the director,...
Section 38-9-450. Limitation of liability. - There is no liability on the part of, and no...
Section 38-9-460. Notification by director which may result in regulatory action. - All notices by the director which may result in regulatory...