“AUTHORIZED,” “UNAUTHORIZED” INSURER DEFINED.

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41-110. "AUTHORIZED," "UNAUTHORIZED" INSURER DEFINED. (1) An "authorized" insurer is one duly authorized by a subsisting certificate of authority issued by the director to transact insurance in this state.

(2) An "unauthorized" insurer is one not so authorized.

History:

[41-110, added 1961, ch. 330, sec. 10, p. 645.]


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