58-8-7. Acts by unauthorized insurer constituting appointment of director of insurance as agent for service of process.
72 words·~1 min read·
/sd/title-58/chapter-58-8/58-8-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any of the following acts in this state, effected by mail or otherwise, by an unauthorized foreign or alien insurer:
(1)The issuance or delivery of contracts of insurance to residents of this state or to corporations authorized to do business therein;
(2)The solicitation of applications for such contracts;
(3)The collection of premiums, membership fees, assessments, or other considerations for such contracts; or
(4)Any other transaction of insurance business;