83-19-45 - Organization through sale of stock in holding company prohibited.
§ 83-19-45. Organization through sale of stock in holding company prohibited.
No insurance company shall be organized through the sale of stock in a holding or investment company.
Sources: Codes, 1942, § 5661-06; Laws, 1958, ch. 438, § 7, eff from and after passage (approved May 6, 1958).