Chapter 1
Domestic Insurance Companies

Index of Sections

§ 27-1-1. Site of principal office and records.

§ 27-1-1.1. Telephone number — Toll free or collect.

§ 27-1-2. Special stockholders’ meetings — Notice — Quorum.

§ 27-1-2.1. Corporate governance standards.

§ 27-1-3. Stock assessments to meet deficits.

§ 27-1-4. Power of companies to comply with tax and license laws not held invalid.

§ 27-1-5. Deposits with general treasurer to comply with laws of other states.

§ 27-1-6. Holding of deposits — Income — Replacement.

§ 27-1-7. Certificate of deposits.

§ 27-1-8. Return of deposit on termination of business.

§ 27-1-9. Examinations to ascertain market value of securities deposited — Deficiencies.

§ 27-1-10. State not liable for deposits.

§ 27-1-11. Visitation and examination of insurance companies.

§ 27-1-12. Summons of witnesses — Obstruction or refusal to testify.

§ 27-1-13. Citation for forfeiture of charter for unsafe practices.

§ 27-1-14. Decree of forfeiture — Receiver.

§ 27-1-15. Collection and distribution of assets by receiver — Reinsurance.

§ 27-1-16. Powers of receiver — Removal and control by court.

§ 27-1-16.1. Sale by receiver of charter and licenses.

§ 27-1-16.2. Court approved settlements.

§ 27-1-17. Stay of executions and process against company.

§ 27-1-18. Limited injunction without receivership.

§ 27-1-19. Declaration of forfeiture.

§ 27-1-20. Temporary injunction.

§ 27-1-21. Failure to deliver property or records to receiver.

§ 27-1-22. Assessments by receiver of mutual company.

§ 27-1-23. Plan for reorganization of company in receivership — Application for submission of plan to creditors and stockholders.

§ 27-1-24. Meetings to approve reorganization plan — Filing of approved plan.

§ 27-1-25. Decree approving reorganization plan — Binding effect.

§ 27-1-26. Principles for classification of creditors and stockholders.

§ 27-1-27. Severability.

§ 27-1-28. Proxies, consents, and authorizations in respect to any equity security issued by a domestic insurer.

§ 27-1-29. Reports of directors, officers, and principal shareholders.

§ 27-1-30. Liability of directors, officers, and shareholders.

§ 27-1-31. Prohibited sales of securities.

§ 27-1-32. Exempted sales of dealers.

§ 27-1-33. Exempted arbitrage transactions.

§ 27-1-34. Definitions.

§ 27-1-35. Companies not subject to securities regulations.

§ 27-1-36. Regulations of “insider trading”.

§ 27-1-37. Minimum capital and surplus requirement — Charters.

§ 27-1-38. Acquisition of minority interests in subsidiary insurers.

§ 27-1-39. Discrimination in rates prohibited.

§ 27-1-40. Conversion to stock form of organization.

§ 27-1-40.1. Mutual insurance holding companies.

§ 27-1-41. Repealed.

§ 27-1-42. Maximum amount of single risk.

§ 27-1-43. Applicability.

§ 27-1-44. Prohibition on the pledging of stock.

§ 27-1-45. Determination of premium tax rate.