Business name of insurer--Use in suits by and against.

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58-34-13. Business name of insurer--Use in suits by and against.

A reciprocal insurer shall:

(1)Have and use a business name. The name shall include the word "reciprocal," or "interinsurer," or "interinsurance," or "exchange," or "underwriters," or "underwriting."

(2)Sue and be sued in its own name.

Source: SL 1966, ch 111, ch 19, §5.


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