§27-31-4. Business name; actions.  


Latest version.
  • A reciprocal insurer shall:

    (1) Have and use a business name. The name shall include the word "reciprocal," or "interinsurer," or "interinsurance," or "exchange," or "underwriters," or "underwriting"; and

    (2) Maintain actions and have actions maintained against it in its own name.

(Acts 1971, No. 407, p. 707, §594.)