Section 21.75.030. Name, suits.

Latest version.

   (a) A reciprocal insurer shall
        (1) have and use a business name; the name must include the word "reciprocal" or "interinsurer" or "exchange" or "underwriters" or "underwriting" or "association";
        (2) sue and be sued in its own name.
   (b) In addition to the requirements of (a) of this section, a cooperative insurer organized under AS 21.75.300 - 21.75.330 shall include the word "cooperative" in its name.

Notes

History

(Sec. 1 ch 120 SLA 1966; am Sec. 3 ch 150 SLA 1978)

                    
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