40-105. Powers, duties, authority and jurisdiction conferred on commissioner of insurance.
40-105
40-105. Powers, duties, authority and jurisdiction conferred oncommissioner of insurance.All laws relating to the powers, duties, authority and jurisdiction ofthe commissioner of insurance of this state not hereby repealed are herebyadopted and the present superintendent of insurance is declared to be thecommissioner of insurance for the term for which he was elected as suchsuperintendent. All pending actions brought by or against thesuperintendent of insurance may be continued without change in title andshall be binding upon the parties to the same extent as though substitutionof his new style of office had been made. All insurance companies asdefined in section 40-201 of this code and fraternal benefit societieswhich have been heretofore granted charters by the state charter board andwhich are now licensed by the superintendent of insurance shall be deemedlegally organized and existing and shall be in no way affected by anyprovision of this act concerning the organization of such companies orfraternal benefit societies.
History: L. 1927, ch. 231, 40-105; June 1.