Insurance Laws State of Texas Digest of 1921
Insurance Laws State of Texas Digest of 1921
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156, Sec. 7. ) All Corporations Authorized to Exchange Indemnity Contracts.
445. That any corporation now or hereafter organized under the INSURANCE LAWS OF TEXAS. 163 laws of this State shall, in addition to the rights, powers and fran- chises specified in its articles of incorporation, have full power and authority to exchange insurance contracts of the kind and character herein mentioned. The right to exchange such contracts is hereby de- clared to be incidental to the purposes for which suc...h corporations are organized and as much granted as the rights and powers expressly con- ferred. (Acts 34th Leg. , Chap. 156, Sec. 8. ) Attorney Prohibited From Exchanging Contracts, or Soliciting for or Negotiating Applications for Same, Without Complying With This Act, Under Penalty.
446. That any attorney who shall, except for the purpose of apply- ing for certificate of authority as herein provided, exchange any con- tract of indemnity of the kind and character specified in this act, or directly or indirectly solicit or negotiate any application for same, without first complying with the foregoing provisions, shall be deemed guilty of a misdemeanor, and upon conviction thereof shall be subjected to a fine of not less than one hundred dollars nor more than one thou- sand dollars.
What to read after Insurance Laws State of Texas Digest of 1921?
You can find similar books in the "Read Also" column, or choose other free books by Texas to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
156, Sec. 7. ) All Corporations Authorized to Exchange Indemnity Contracts.
445. That any corporation now or hereafter organized under the INSURANCE LAWS OF TEXAS. 163 laws of this State shall, in addition to the rights, powers and fran- chises specified in its articles of incorporation, have full power and authority to exchange insurance contracts of the kind and character herein mentioned. The right to exchange such contracts is hereby de- clared to be incidental to the purposes for which suc...h corporations are organized and as much granted as the rights and powers expressly con- ferred. (Acts 34th Leg. , Chap. 156, Sec. 8. ) Attorney Prohibited From Exchanging Contracts, or Soliciting for or Negotiating Applications for Same, Without Complying With This Act, Under Penalty.
446. That any attorney who shall, except for the purpose of apply- ing for certificate of authority as herein provided, exchange any con- tract of indemnity of the kind and character specified in this act, or directly or indirectly solicit or negotiate any application for same, without first complying with the foregoing provisions, shall be deemed guilty of a misdemeanor, and upon conviction thereof shall be subjected to a fine of not less than one hundred dollars nor more than one thou- sand dollars.
What to read after Insurance Laws State of Texas Digest of 1921?
You can find similar books in the "Read Also" column, or choose other free books by Texas to read onlineMoreLess
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