Effective: January 13, 1978 Latest Legislation: House Bill 534 – 112th General Assembly Except surety companies which are admitted to guarantee the fidelity of persons holding places of public or private trust, who may be required to or do in their trust capacity receive, hold, control, and disburse public or private moneys or property, and […]
Effective: July 26, 1982 Latest Legislation: Senate Bill 249 – 114th General Assembly No company, association, or partnership organized under the laws of another state shall take risks or transact business of insurance in this state, directly or indirectly, unless it possesses the amount of actual capital and the minimum surplus required by similar companies […]
Effective: October 29, 2003 Latest Legislation: House Bill NO137 – 125th General Assembly (A) Any foreign insurance company that transacts any business in this state shall have and maintain an agent, sometimes referred to as the “statutory agent,” upon whom any process, notice, or demand required or permitted by law to be served upon a […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Every foreign insurance company, association, or partnership desiring to transact business in this state shall file with the superintendent of insurance a certified copy of its charter or deed of settlement, together with a statement, under the oath of its president, vice-president, […]
Effective: July 29, 1998 Latest Legislation: House Bill 579 – 122nd General Assembly If any foreign insurance company, association, or partnership doing business in this state enters into any compact or combination with other insurance companies, or requires its agents to enter into any compact or combination with other insurance agents or companies, for the […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly An insurance company incorporated by or organized under the laws of a foreign government shall deposit with the superintendent of insurance, for the benefit and security of its policyholders residing in the United States, a sum of not less than one hundred […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The capital of a foreign company doing fire insurance business in this state is the aggregate value of its deposits with the insurance or other departments of this state, and of the other states of the United States, for the benefit of […]
Effective: January 1, 2021 Latest Legislation: House Bill 339 – 133rd General Assembly Every insurance company other than a life insurance company, organized by act of congress or under the laws of another state or government, annually, at the time and in the form and manner required of similar companies organized under the laws of […]
