12-2619. Irrevocable consent for service of process on commissioner of insurance.
12-2619
12-2619. Irrevocable consent for service of process on commissioner of insurance.
Every group-funded pool applying for authority to
operate a pool in this state, as a condition precedent to obtaining such
authority, shall file in the insurance department a written irrevocable
consent, that any action may be commenced against such pool in the proper
court of any county in this state in which the cause of action shall arise
or in which the plaintiff may reside by the service of process on the
commissioner of insurance of this state, and stipulating and agreeing that such service
shall be taken and held in all courts to be as valid and binding as if due
service had been made upon the trustees or the administrator of such pool.
The consent shall be executed by the board of trustees and shall be accompanied
by a duly certified copy of the resolution passed by the trustees to execute
such consent.
History: L. 1987, ch. 74, § 4; May 28.