§33-23-7 Retention of corporate powers by existing incorporated societies.
§33-23-7. Retention of corporate powers by existing incorporated societies.
Any incorporated society licensed to transact insurance in this state at the time this article becomes effective may thereafter exercise all the rights, powers and privileges prescribed in this article and in its charter, articles of incorporation and license as far as consistent with this article. A domestic incorporated society shall not be required to reincorporate.