83-5-7 - Situs of contract.
§ 83-5-7. Situs of contract.
It shall be unlawful for any company to make any contract of insurance upon or concerning any property or interest or lives in this state, or with any resident thereof, or for any person as insurance agent or insurance broker to make, negotiate, solicit, or in any manner aid in the transaction of such insurance unless and except as authorized under the provisions of this chapter. All contracts of insurance on property, lives, or interests in this state shall be deemed to be made therein.
Sources: Codes, 1906, § 2563; Hemingway's 1917, § 5028; 1930, § 5131; 1942, § 5633.