§432:2-605 - Foreign or alien society, admission.
§432:2-605 Foreign or alien society,admission. No foreign or alien society shall transact business in thisState without a license issued by the commissioner. Any such society desiringadmission to this State shall comply substantially with the requirements andlimitations of this article applicable to domestic societies. Any such societymay be licensed to transact business in this State upon filing with thecommissioner:
(1) A duly certified copy of its articles ofincorporation;
(2) A copy of its bylaws, certified by its secretaryor corresponding officer;
(3) A power of attorney to the commissioner asprescribed in section 432:2-701;
(4) A statement of its business under oath of itspresident and secretary or corresponding officers in a form prescribed by thecommissioner, duly verified by an examination made by the supervising insuranceofficial of its home state or other state, territory, province or country,satisfactory to the commissioner of this State;
(5) Certification from the proper official of itshome state, territory, province or country that the society is legallyincorporated and licensed to transact business therein;
(6) Copies of its certificate forms; and
(7) Such other information as the commissioner maydeem necessary; and upon a showing that its assets are invested in accordancewith the provisions of this article. [L 1987, c 347, pt of §2]