20-1028. Liability of additional or substituted underwriters; authority of deputy, substitute or successor attorney

Additional or substituted underwriters shall be bound in the same manner and to the same extent as original subscribers to the articles of agreement and power of attorney on file with the director. The acts of the duly appointed deputy, substitute or successor attorney or any attorney or attorneys licensed under this chapter, in accepting powers of attorney from underwriters, in making and issuing policies and contracts of insurance, and in doing any additional acts incident thereto, shall be deemed authorized by the certificate of authority issued to the original attorney or attorneys.

20-1028. Liability of additional or substituted underwriters; authority of deputy, substitute or successor attorney

Additional or substituted underwriters shall be bound in the same manner and to the same extent as original subscribers to the articles of agreement and power of attorney on file with the director. The acts of the duly appointed deputy, substitute or successor attorney or any attorney or attorneys licensed under this chapter, in accepting powers of attorney from underwriters, in making and issuing policies and contracts of insurance, and in doing any additional acts incident thereto, shall be deemed authorized by the certificate of authority issued to the original attorney or attorneys.