Connecticut § 38a-601 (Formerly Sec. 38-212). Foreign and alien societies to be licensed.

Connecticut Statutes

§ 38a-601 — (Formerly Sec. 38-212). Foreign and alien societies to be licensed.

Connecticut·Title 38a Insurance·Ch. 700d Fraternal Benefit Societies

No foreign or alien society shall transact business in this state without a license issued by the commissioner. Any such society may be licensed to transact business in this state upon filing with the commissioner:

(1)A certified copy of its charter or articles of incorporation;

(2)a copy of its constitution and laws, certified by its secretary or corresponding officer;

(3)a power of attorney appointing the commissioner as its agent for service of process as prescribed in section 38a-25;

(4)a statement of its business under oath of its president and secretary or corresponding officers in a form prescribed by the commissioner, verified by an examination made by the supervising insurance official of its home state or other state, territory, province or country, satisfactory to the Insura

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No foreign or alien society shall transact business in this state without a license issued by the commissioner. Any such society may be licensed to transact business in this state upon filing with the commissioner: (1) A certified copy of its charter or articles of incorporation; (2) a copy of its constitution and laws, certified by its secretary or corresponding officer; (3) a power of attorney appointing the commissioner as its agent for service of process as prescribed in section 38a-25; (4) a statement of its business under oath of its president and secretary or corresponding officers in a form prescribed by the commissioner, verified by an examination made by the supervising insurance official of its home state or other state, territory, province or country, satisfactory to the Insurance Commissioner of this state; (5) a certificate from the proper official of its home state, territory, province or country that the society is legally incorporated and licensed to transact business therein; (6) copies of its certificate forms; and (7) such other information as he deems necessary; and upon a showing that its assets are invested in accordance with the provisions of sections 38a-595 to 38a-626, inclusive, 38a-631 to 38a-640, inclusive, and 38a-800. Any foreign or alien society desiring admission to this state shall have the qualifications required of domestic societies organized under said sections.

Connecticut § 38a-601 ((Formerly Sec. 38-212). Foreign and alien societies to be licensed.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(1949 Rev., S. 6236; 1957, P.A. 448, S. 25; P.A. 90-243, S. 131; P.A. 14-235, S. 4.) History: P.A. 90-243 substituted “foreign” for “nonresident” and “alien” for “foreign” societies and added a provision re the insurance commissioner being appointed the agent for service of process; Sec. 38-212 transferred to Sec. 38a-601 in 1991; P.A. 14-235 redesignated existing Subdivs. (a) to (g) as Subdivs. (1) to (7). Annotations to former section 38-212: Under what law contract with foreign association construed. 64 C. 240; 82 C. 315; 87 C. 644.