All policies or contracts made or entered into by any domestic company may be made with or without the seal thereof. The policies or contracts shall be subscribed by the president or such other officers as may be designated by the bylaws for that purpose, and shall be attested by the secretary, and, being so subscribed, shall be obligatory upon such company.
Source: L. 2003: Entire article RC&RE, p. 598, § 1, effective July 1.
Editor's note: This section is similar to former § 10-1-116 as it existed prior to 2002.