83-33-1 - Regulation of exchange.
§ 83-33-1. Regulation of exchange.
Individuals, partnerships and corporations of this state, designated as subscribers, may exchange reciprocal or interinsurance contracts with each other or with individuals, partnerships and corporations of other states and countries, providing indemnity among themselves from any loss which may be insured against under other provisions of the law except life insurance.
Sources: Codes, Hemingway's 1921 Supp. § 5209t; 1930, § 5291; 1942, § 5805; Laws, 1918, ch. 190; Laws, 1995, ch. 313, § 1, eff from and after July 1, 1995.