"Reciprocal" insurer defined.

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A "reciprocal" insurer is an unincorporated aggregation of subscribers operating individually and collectively through an attorney-in-fact common to all such persons to provide insurance on basis of reciprocity among themselves.

History: Laws 1984, ch. 127, § 75.

ANNOTATIONS

Am. Jur. 2d, A.L.R. and C.J.S. references. — 43 Am. Jur. 2d Insurance §§ 77 to 83.

46A C.J.S. Insurance § 1709 et seq.


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