(1) No advisory organization shall conduct its operations in this state unless and until it has filed with the director:
- (a) A copy of its constitution, its articles of agreement or association, or its certificate of incorporation and of its by-laws, rules and regulations governing its activities;
- (b) A list of its members and subscribers;
- (c) The name and address of a resident of this state upon whom notices or orders of the director or process issued at his direction may be served; and
- (d) An agreement that the director may examine such advisory organization in accordance with the provisions of section 41-1427.
- (2) Every such advisory organization shall notify the director promptly of every change in its constitution, its articles of certificate of incorporation, or of agreement or association, and of its by-laws, rules and regulations governing conduct of its business; its list of members and subscribers; and the name and address of the resident of this state designated by it upon whom notices or orders of the director or process affecting such organization may be served.
- (3) No such advisory organization shall engage in any unfair or unreasonable practice with respect to such activities.
[41-1425, added 1961, ch. 330, sec. 330, p. 645; am. 1969, ch. 306, sec. 5, p. 917.]