Reciprocal Insurance

  1. Law
  2. Mississippi Code
  3. Insurance
  4. Reciprocal Insurance

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Section
83-33-1

Regulation of exchange

Section
83-33-3

Execution of contracts

Section
83-33-5

Declaration under oath

Section
83-33-7

Commissioner as agent for service of process; reciprocal may sue or be sued in its own name; prohibition against suing subscribers

Section
83-33-9

Maximum risk

Section
83-33-11

Assets maintained

Section
83-33-13

Financial reports

Section
83-33-15

Penalty

Section
83-33-17

Certificate of authority

Section
83-33-19

Taxation of premium receipts

Section
83-33-21

Subscriber's agreement and power of attorney

Section
83-33-23

Board of directors to control and manage reciprocal

Section
83-33-25

Return of savings or credits accruing to subscribers

Section
83-33-27

Certificate to issue nonassessable policies of insurance

Section
83-33-29

Issuing nonassessable policies without obtaining certificate of nonassessability prohibited; contingent assessment liability

Section
83-33-31

Computation and timing of assessments levied against subscribers

Section
83-33-33

Liability of subscribers for reciprocal's debts or obligations

Section
83-33-35

Applicability of licensing requirements and regulations to employees and agents of reciprocal and its attorney

Section
83-33-37

Two or more reciprocals authorized to combine assets and liabilities into one reciprocal