Section 402:5 Territory.
A mutual fire insurance company, organized under the laws of the state, may limit its operations within certain prescribed boundaries; and in such case it shall be barred from insuring property situated outside those boundaries.
Source. 1850, 999:1. CS 154:1. GS 158:2. GL 173:2. PS 168:6. PL 273:5. RL 323:5.