83-25-1 - Charter, bylaws, rules, to be filed with commissioner.
§ 83-25-1. Charter, bylaws, rules, to be filed with commissioner.
Every corporation, company, society, organization, or association of this or of any other state or country transacting the business of life insurance upon the co-operative or assessment plan shall file with the commissioner of insurance, before commencing to do business in this state, a copy of its charter or articles of association, as well as the bylaws, rules, or regulations referred to in its policies or certificates and made a part of said contract. No bylaws or regulations, unless so filed with the commissioner, shall operate to avoid or affect any policy or certificate issued by such company or association.
Sources: Codes, 1906, § 2636; Hemingway's 1917, § 5102; 1930, § 5180; 1942, § 5690.