§ 27-5-15 - Power to create guaranty surplus and special reserve funds.
SECTION 27-5-15
§ 27-5-15 Power to create guaranty surplusand special reserve funds. – Any insurance company organized under the laws of this state authorized totransact a fire insurance business may create the funds provided for in§§ 27-5-16 – 27-5-31, to be known and designated as the guarantysurplus fund and the special reserve fund, and may avail itself of theprovisions of this section and §§ 27-5-16 – 27-5-31, uponcomplying with the requirements of those sections.