620 CORPORATIONS. [ART. 23

certificate shall be filed in the office of the insurance commissioner; and
any officer swearing falsely in regard to the provisions of this section
shall be deemed guilty of perjury, and shall be subject to the penalty
or penalties prescribed for such offenses by the laws of this State.

1904, art. 23, sec. 164. 1894, ch. 200, sec. 123 A.

181. Associations of individuals, citizens of the United States,
whether organized within the State, or elsewhere within the United
States, formed upon the plan known as Lloyds, whereby each associate
underwriter becomes liable for a proportionate part of the whole amount
insured by a policy, may be authorized to transact insurance other than
life in this State, upon the following conditions: That any such associa-
tion organized in this State may be permitted to transact the insur-
ance business upon the same terms and conditions as are by the laws of
this State imposed upon an insurance company organized under the
laws of this State, and any such association organized in any other of
the United States may be permitted to transact its business in this State
upon the same terms and conditions as are by the laws of this State
imposed upon an insurance company incorporated in the State where
such association was organized.

Ibid. sec. 165. 1888, art. 23, sec. 124. 1860, art. 56, sec. 30. 1858, ch. 432,
sec. 6. 1872, ch. 388. 1874, ch. 400. 1876, ch. 248. 1878, ch. 106.

182. It shall not be lawful for any insurance company, association,
partnership or corporation, organized under the laws of any other State
of the United States, or by the government of the United States, or
any foreign government, directly or indirectly, to take risks or transact
any business of insurance, whether life, fire, marine or inland, or other
insurance risks, in this State, unless it be fully organized and possessed
of the amount of actual capital required of similar companies formed
under the laws of this State, or until the following conditions have been
fully complied with: There must be filed with the insurance commis-
sioner, first, a copy of its charter, declaration of organization or deed
of settlement, duly approved and certified by the secretary of state,
insurance commissioner, or other proper officer of its own State or
nation, with his certificate that the company is entitled to assume risks
and issue policies therein; second, a power of attorney, appointing a
citizen of this State, resident within this State, the agent or attorney
for the company, upon whom process of law can be served; there must
also be filed with the insurance commissioner a certified copy of the
vote or resolution of the directors appointing such attorney, which
appointment shall continue until another attorney be substituted. And
said writing or power of attorney shall stipulate and agree, on the part
of the company making the same, that any lawful process against said
company, which is served on such agent, shall be of the same legal
force and validity as if served on such company or association within
this State; and also, that in case of the death or absence of the attorney
so appointed, service of process may be made upon the insurance com-