Section 4-107 - Service of process.

§ 4-107. Service of process.
 

(a)  Appointment of Commissioner as attorney.- On the form that the Commissioner provides, each insurer applying for a certificate of authority must appoint the Commissioner as attorney for service of process issued against the insurer in the State. 

(b)  Effect of appointment.- The appointment: 

(1) is irrevocable; 

(2) binds the insurer and any successor in interest or successor to the assets and liabilities of the insurer; and 

(3) remains in effect as long as there is in force in the State a contract made by the insurer or an obligation arising from a contract made by the insurer. 
 

[An. Code 1957, art. 48A, § 57; 1995, ch. 36.]