§3854. Name; suits
A reciprocal insurer shall:
[PL 1969, c. 132, §1 (NEW).]
1.
Have and use a business name. The name shall include the word "reciprocal," or "interinsurer," or "interinsurance," or "exchange," or "underwriters," or "underwriting" or "association."
[PL 1969, c. 132, §1 (NEW).]
2.
Sue and be sued in its own name.
[PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW).