§ 27-17-3 - Execution by attorney – Office in state.

SECTION 27-17-3

   § 27-17-3  Execution by attorney –Office in state. – The contracts shall be executed by an attorney in fact, designated in thischapter as "attorney", duly authorized and acting for the subscribers, and theattorney may be a foreign corporation. An office or offices of the attorney,referred to in this chapter as a reciprocal exchange or interinsurer, actingfor subscribers in issuing contracts or policies insuring property or interestsin this state, shall be maintained in this state.