1856 ARTICLE 48A.

1922, ch. 492, sec. 133.

136. Execution of Such Contracts. Such contracts may be executed by
an attorney, agent or other representative, herein designated attorney, duly
authorized and acting for such subscribers, and such attorney may be a cor-
poration. The office or offices of such attorney may be maintained at such
place or places as may be designated by the subscribers in the power of
attorney.

1922, ch. 492; sec. 134.

137. Attorney Shall File Verified Declaration. Such subscribers so
contracting among themselves, shall, through their attorney, file with the
insurance commissioner a declaration, verified by the oath of such attorney,
or where such attorney is a corporation, by oath of the proper officer thereof,
setting forth:

(a) The name of the attorney and the name or designation under which
such contracts are issued, which name or designation shall not be so similar
to any name or designation adopted by any attorney, or by any insurance
organization in the United States, prior to the adoption of such name or
designation by the attorney, as to confuse or deceive.

(b) The kind or kinds of insurance to be effected or exchanged.

(c) A copy of the form of policy contract or agreement under or by
which such insurance is to be effected or exchanged.

(d) A copy of the form of power of attorney or other authority of such
attorney under which such insurance is to be effected or exchanged.

(e) The location of the office or offices from which such contracts or
agreements are to be issued.

(f) That applications have been made for indemnity upon at least
seventy-five separate risks aggregating not less than one and one-half million
dollars as represented by executed contracts or bona fide applications to
become effective concurrently, or, in case of liability and compensation
insurance, covering a total payroll of not less than four million dollars.

(g) That there is on deposit with such attorney and available for the
payment of losses, a sum of not less than fifty thousand dollars; provided,
however, that in case of liability and compensation insurance such sum shall
be not less than one hundred thousand dollars.

(h) A financial statement in form prescribed for the annual report.

1922, ch. 492, sec. 135.

138. Service of Process. Concurrently with the filing of the declaration
provided for by the terms of section 137, the attorney shall file with the
insurance commissioner an instrument in writing, executed by him for said
subscribers, conditioned that upon the issuance of the certificate of author-
ity provided for in section 143, action may be brought in the county or city
in which the property or risk insured thereunder is situated, and service
of process may be had upon the insurance commissioner in all suits in this
state arising out of such policies, contracts or agreements, which service
shall be valid and binding upon all subscribers exchanging at any time
reciprocal or inter-insurance contracts through such attorneys. Three