§ 83-31-21. License.
51 words·~1 min read·
/ms/title-83-insurance/in-general/83-31-21·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No such company shall issue policies or transact any business of insurance unless it shall hold a license from the commissioner authorizing the transaction of such business. Such license shall not be issued until and unless the company shall have in paid-up or contributed surplus the amount required in Section 83-19-73.