JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 143
|
Insurance Commissioner, or other proper officer of its
own state or nation, with his certificate that the com-
|
|
|
|
pany is entitled to assume risks and issue policies there-
|
|
|
|
in ; second, a power of attorney appointing a citizen of
|
Power of at-
|
|
|
this State, resident within this State, the agent or
|
torney.
|
|
|
attorney for the company, upon whom process of law
|
|
|
|
can be served; there must also be filed with the In-
|
|
|
|
surance Commissioner a certified copy of the vote or
|
|
|
|
resolution of the directors appointing such attorney,
|
|
|
|
which appointment shall continue until another at-
|
|
|
|
torney 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 pro-
|
|
|
|
cess 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 ab-
|
|
|
|
sence of the attorney so appointed, service of pro-
cess may be made upon the Insurance Commissioner
|
|
|
|
of this State; and such power of attorney cannot
|
|
|
|
be revoked or modified (except that a new one may
|
|
|
|
be substituted), so long as any policy or liability re-
|
|
|
|
mains outstanding against such company in this
|
|
|
|
State. The term "process," used above, shall be
|
The term
|
|
|
held and deemed to include any writ, summons or
|
"process "
|
|
|
order whereby any action, suit or proceeding shall
|
|
|
|
be commenced, or which shall be issued in or upon
|
|
|
|
any action, suit or proceedings by any court, officer,
|
|
|
|
or magistrate. Third, a statement of the condition
|
Condition of
|
|
|
of the company on the thirty-first day of Decem-
|
company.
|
|
|
ber next preceding, under oath of the president or
|
|
|
|
vice-president of the company, with that of the
|
|
|
|
secretary or actuary as hereinafter provided for.
|
|
|
|
Fourth, a certificate of the appointment of a general
agent of the company for this State, and a list of its
|
Certificate of
appointment.
|
|
|
agents authorized to transact biisiness for said com-
|
|
|
|
pany within this State, and no certificate of author-
|
|
|
|
ity as hereinafter described shall be issued to any
|
|
|
|
person or persons not so designated by the company
|
|
|
|
as agent, except in the case of solicitors of life in-
|
|
|
|
surance, who may be designated by the general agent
|
|
|
|
of the company for this State.
|
|
|
|
31. No person shall act as agent or solicitor
|
Agent or so-
|
|
|
in this State for any insurance company, including
|
licitor.
|
|
|
individuals, whether resident or non-resident, part-
|
|
|