§ 27-6-6-1 — Subscribers; authority to exchange reciprocal or interinsurance contracts; title insurance exception

Individuals, partnerships, limited liability
companies, and corporations of this state, hereby designated
"subscribers," are hereby authorized to exchange reciprocal or
interinsurance contracts with each other or with individuals,
partnerships, limited liability companies, and corporations of other
states and countries, providing indemnity among themselves from any
loss which may be insured against under the fire or casualty
classifications as authorized by the insurance laws of this state, except
title insurance.
Formerly: Acts 1919, c.102, s.1; Acts 1967, c.232, s.1. As
amended by P.L.8-1993, SEC.421.