20-1090. Reorganization; limitation


Any domestic life and disability reinsurer, with appropriate powers in its articles
of incorporation and with the necessary capital and surplus, and upon application to the
director, may become a domestic life and disability insurer free from the restrictions
otherwise imposed by this article. Except as provided in subsection B of section
20-1089, domestic life and disability reinsurers shall not have authority to transact
insurance directly with the public.