33-2-127. Effects of transfer of domicile
33-2-127. Effects of transfer of domicile. The certificate of authority, producers’ appointments and licenses, policy forms, rates, and other items that the commissioner allows that are in existence at the time an insurer admitted to transact insurance in this state transfers its corporate domicile to this or any other state continue in effect upon transfer if […]
33-2-128. Authority to promulgate rules and regulations
33-2-128. Authority to promulgate rules and regulations. The commissioner may promulgate rules and regulations to carry out the purposes of 33-2-126 and 33-2-127. History: En. Sec. 3, Ch. 132, L. 1991.
33-2-119. Suspension or revocation for violations and special grounds
33-2-119. Suspension or revocation for violations and special grounds. (1) The commissioner may suspend or revoke an insurer’s certificate of authority if, after a hearing, the commissioner finds that the insurer has: (a) violated any lawful order of the commissioner or any provision of this code other than those for which suspension or revocation is mandatory; (b) reinsured […]
33-2-120. Notice of suspension or revocation — effect upon producer’s authority
33-2-120. Notice of suspension or revocation — effect upon producer’s authority. (1) Upon suspending or revoking an insurer’s certificate of authority, the commissioner shall give notice to the insurer and to its insurance producers in this state of record in the commissioner’s office. (2) The suspension or revocation must automatically suspend or revoke, as the case may […]
33-2-104. Representing or aiding unauthorized insurer prohibited
33-2-104. Representing or aiding unauthorized insurer prohibited. (1) A person may not directly or indirectly act as insurance producer in this state for, or otherwise represent or aid on behalf of another, any insurer not authorized to transact insurance in this state in the solicitation, negotiation, or effectuation of insurance or of annuity contracts, inspection of […]
33-2-121. Duration of suspension — insurer’s obligations — reinstatement
33-2-121. Duration of suspension — insurer’s obligations — reinstatement. (1) Suspension of an insurer’s certificate of authority must be for a period fixed by the commissioner in the order of suspension and must continue until rescinded or otherwise removed by the commissioner. During the suspension, the commissioner may shorten the period by further order. (2) During the […]
33-2-105. Suits by unauthorized insurers prohibited
33-2-105. Suits by unauthorized insurers prohibited. Except as to transactions permitted under 33-2-102, no unauthorized insurer shall institute or file or cause to be instituted or filed any suit, action, or proceeding in this state to enforce any right, claim, or demand arising out of any insurance transaction in this state until such insurer has obtained […]
33-2-122. Rights and duties of foreign insurer
33-2-122. Rights and duties of foreign insurer. Except as otherwise provided in this chapter, a foreign insurer which has a certificate of authority under this chapter shall, until its certificate is revoked or withdrawn, enjoy the same but no greater rights and privileges as a domestic insurer and shall be subject to the same duties, restrictions, […]
33-2-106. General eligibility of insurers
33-2-106. General eligibility of insurers. (1) To qualify for and hold authority to transact insurance in this state, an insurer must be otherwise in compliance with this code and with its charter powers and must be an incorporated stock insurer, an incorporated mutual insurer, or a reciprocal insurer, all of the same general type as may […]
33-2-123. through 33-2-125 reserved
33-2-123 through 33-2-125 reserved.