Annual Report of Insurance Business Transacted in the Canal Zone, Including Laws Concerning Licensing of Insurance Companies 1971
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Sec. 873. Additional requirements for insurance companies.— In addition to the other requirements of this chapter, an insurance company organized under the laws of a State of the United States or of a foreign country shall file the following documents: (1) A certificate of an authorized official, showing that the companv is authorized to tiMnsact business in the State or countiy under whose laws the company is organized; 20 (2) A duly certified copy of the last annual statement of the insurance... company to an authorized official in the State or coxmtry where the company is organized; (3) A deposit with the executive secretary of the Canal Zone Government of $10,000 in cash or current marketable securities, which shall be held in trust by the executive secretary for the account of the company, to satisfy any judgment that may be rendered against the company, under insurance policies that it may issue.
Sec. 874. Annual statement and license tax for insurance companies.— An insurance company licensed pursuant to this chapter shall file with the executive secretary of the Canal Zone Covernment before March 1 of each year a verified statement showing the business transacted within the Canal Zone by the company during the previous calendar year and a duly certified copy of its annual report to an authorized official of the State or country in which the company is organized.
What to read after Annual Report of Insurance Business Transacted in the Canal Zone, Including Laws Concerning Licensing of Insurance Companies 1971?
You can find similar books in the "Read Also" column, or choose other free books by Canal Zone to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Sec. 873. Additional requirements for insurance companies.— In addition to the other requirements of this chapter, an insurance company organized under the laws of a State of the United States or of a foreign country shall file the following documents: (1) A certificate of an authorized official, showing that the companv is authorized to tiMnsact business in the State or countiy under whose laws the company is organized; 20 (2) A duly certified copy of the last annual statement of the insurance... company to an authorized official in the State or coxmtry where the company is organized; (3) A deposit with the executive secretary of the Canal Zone Government of $10,000 in cash or current marketable securities, which shall be held in trust by the executive secretary for the account of the company, to satisfy any judgment that may be rendered against the company, under insurance policies that it may issue.
Sec. 874. Annual statement and license tax for insurance companies.— An insurance company licensed pursuant to this chapter shall file with the executive secretary of the Canal Zone Covernment before March 1 of each year a verified statement showing the business transacted within the Canal Zone by the company during the previous calendar year and a duly certified copy of its annual report to an authorized official of the State or country in which the company is organized.
What to read after Annual Report of Insurance Business Transacted in the Canal Zone, Including Laws Concerning Licensing of Insurance Companies 1971?
You can find similar books in the "Read Also" column, or choose other free books by Canal Zone to read onlineMoreLess
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