§431:4-108 - Application for a solicitation permit.
§431:4-108 Application for a solicitationpermit. To apply for a solicitation permit a person shall:
(1) File with the commissioner a request showing:
(A) Name, type and purpose of insurer orcorporation proposed to be formed;
(B) Names, addresses and business records ofeach person associated or to be associated with in the formation of theproposed insurer or corporation;
(C) Full disclosure of the terms of allunderstandings and agreements existing or proposed among persons so associatedrelative to the proposed insurer or corporation or the formation thereof;
(D) The plan according to which solicitationsare to be made;
(E) Such additional information as thecommissioner may reasonably require.
(2) File with the commissioner:
(A) (i) The articles of incorporation, or
(ii) The proposed subscribers' agreement andpower of attorney, if the proposed insurer is a reciprocal;
(B) Original and one copy of any proposedbylaws;
(C) Copy of any security proposed to be issuedand copy of application or subscription agreement therefor;
(D) Copy of any insurance contract proposed tobe offered and copy of application therefor;
(E) Copy of any prospectus, advertising orliterature proposed to be used;
(F) Copy of proposed form of any escrowagreement required.
(3) Deposit with the commissioner the appropriatefees required by this code. [L 1987, c 347, pt of §2]