Sec. 21.75.030. Name, suits.
70 words·~1 min read·
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Sec. 21.75.030. Name, suits.
(a)A reciprocal insurer shall
(1)have and use a business name; the name must include the word “reciprocal” or “interinsurer” or “exchange” or “underwriters” or “underwriting” or “association”;
(2)sue and be sued in its own name.
(b)In addition to the requirements of
(a)of this section, a cooperative insurer organized under AS 21.75.300 — 21.75.330 shall include the word “cooperative” in its name.