Sec. 38a-601. (Formerly Sec. 38-212). Foreign and alien societies to be licensed.
Sec. 38a-601. (Formerly Sec. 38-212). Foreign and alien societies to be licensed. No foreign or alien society shall transact business in this state without a license
issued by the commissioner. Any such society may be licensed to transact business in
this state upon filing with the commissioner: (a) A certified copy of its charter or articles
of incorporation; (b) a copy of its constitution and laws, certified by its secretary or
corresponding officer; (c) a power of attorney appointing the commissioner as its agent
for service of process as prescribed in section 38a-25; (d) a statement of its business
under oath of its president and secretary or corresponding officers in a form prescribed
by the commissioner, verified by an examination made by the supervising insurance
official of its home state or other state, territory, province or country, satisfactory to the
Insurance Commissioner of this state; (e) a certificate from the proper official of its
home state, territory, province or country that the society is legally incorporated and
licensed to transact business therein; (f) copies of its certificate forms; and (g) such other
information as he deems necessary; and upon a showing that its assets are invested in
accordance with the provisions of sections 38a-595 to 38a-626, inclusive, 38a-631 to
38a-640, inclusive, and 38a-800. Any foreign or alien society desiring admission to this
state shall have the qualifications required of domestic societies organized under said
sections.
(1949 Rev., S. 6236; 1957, P.A. 448, S. 25; P.A. 90-243, S. 131.)
History: P.A. 90-243 substituted "foreign" for "nonresident" and "alien" for "foreign" societies and added a provision
re the insurance commissioner being appointed the agent for service of process; Sec. 38-212 transferred to Sec. 38a-601
in 1991.
Annotations to former section 38-212:
Under what law contract with foreign association construed. 64 C. 240; 82 C. 315; 87 C. 644.