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2012 Statute

Section Number

40-1201 - Authority for formation; directors and officers; elections.
40-1202 - Articles of incorporation; name.
40-1203 - Kinds of insurance authorized.
40-1204 - Certification of authority; conditions for issuance.
40-1205 - Corporate membership; personal liability.
40-1206 - Number of votes of members.
40-1207 - Premiums, premium deposits; limitation on liability of policyholder; acceptance of notes for premiums in certain cases; determination of unearned premium reserves on certain policies.
40-1208 - Reserves.
40-1209 - Advancements to company; annual report; commission or promotion expenses prohibited; approval of commissioner to issue or retire certificates of indebtedness.
40-1210 - Foreign mutual insurance companies; paid-up capital and surplus requirements.
40-1211 - Premium tax; in lieu of certain other taxes.
40-1213 - Certain existing companies or associations.
40-1215 - Charter and other papers to be filed; approval; authorization.
40-1216 - Merger or consolidation of certain mutual companies other than life.
40-1217 - Merger or consolidation of certain mutual companies other than life; powers of merged company.
40-1218 - Same; procedure.
40-1219 - Same; vote of policyholders on agreement; meetings of policyholders, notice; required votes.
40-1219a - Same; approval of policyholders of merger or consolidation of certain mutual companies not required.
40-1220 - Same; application for approval of agreement by commissioner of insurance and policyholders; requirements.
40-1221 - Same; approval by commissioner.
40-1222 - Same; filing of approved or disapproved application or agreement; effect of consolidation or merger.
40-1223 - Same; rights of dissatisfied policyholders; appraisement of interest; award; costs; judgment, when.
40-1224 - Same; fees of officers or directors, prohibited unless disclosed; penalty.
40-1225 - Same; construction of act; invalidity of part.
40-1226 - Additional kinds of insurance authorized; surplus and deposit requirements.