58-6A-17. Notice to director--Contents.
152 words·~1 min read·
/sd/title-58/chapter-58-6/58-6a-17·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any purchasing group which intends to do business in this state shall furnish notice to the director which shall:
(1)Identify the state in which the group is domiciled;
(2)Specify the lines and classifications of liability insurance which the purchasing group intends to purchase;
(3)Identify the insurance company from which the group intends to purchase its insurance and the domicile, together with the complete business address, of such company;
(4)Identify the principal place of business of the group, together with the complete business address;
(5)Provide such other information as may be required by the director to verify that the purchasing group is qualified under § 58-6A-1 ;
(6)Identify all other states in which the group intends to do business; and
(7)Specify the method by which, and the person through whom insurance shall be offered to its members whose risks are resident or located in this state.