§431:4-108 - Application for a solicitation permit.
§431:4-108 Application for a solicitation permit. To apply for a solicitation permit a person shall:
(1) File with the commissioner a request showing:
(A) Name, type and purpose of insurer or corporation proposed to be formed;
(B) Names, addresses and business records of each person associated or to be associated with in the formation of the proposed insurer or corporation;
(C) Full disclosure of the terms of all understandings and agreements existing or proposed among persons so associated relative to the proposed insurer or corporation or the formation thereof;
(D) The plan according to which solicitations are to be made;
(E) Such additional information as the commissioner may reasonably require.
(2) File with the commissioner:
(A) (i) The articles of incorporation, or
(ii) The proposed subscribers' agreement and power of attorney, if the proposed insurer is a reciprocal;
(B) Original and one copy of any proposed bylaws;
(C) Copy of any security proposed to be issued and copy of application or subscription agreement therefor;
(D) Copy of any insurance contract proposed to be offered and copy of application therefor;
(E) Copy of any prospectus, advertising or literature proposed to be used;
(F) Copy of proposed form of any escrow agreement required.
(3) Deposit with the commissioner the appropriate fees required by this code. [L 1987, c 347, pt of §2]