40-1601. Exchange contracts authorized.
40-1601
40-1601. Exchange contracts authorized.Persons of this state, hereby designated subscribers, are herebyauthorized to exchange reciprocal or interinsurance contracts with each other,or with persons ofother states and countries, providing indemnity among themselves from any losswhich may be the subject of legal insurance, excepting life insurance.
History: L. 1927, ch. 231, 40-1601;L. 2000, ch. 170, § 17; July 1.