Captive Insurance Companies | MidpageCaptive Insurance Companies
38-90-10Definitions38-90-20Licensing; required information and documentation; fee; renewal38-90-30Adoption of name38-90-35Discovery of confidential information in civil actions38-90-40Capitalization requirements38-90-60Incorporation options and requirements38-90-70Reports38-90-75Discounting of loss and loss adjustment expense reserves38-90-80Inspections and examinations; confidentiality of reports; limitations applicable to branch captive insurance companies; application of general provisions38-90-90Suspension or revocation of license38-90-100Applicability of investment requirements38-90-105Loans38-90-110Reinsurance; effect on reserves38-90-120Requirement to join ratings organization38-90-130Participation in plan, pool, association, or guaranty or insolvency fund38-90-140Tax payment; rates; "common ownership and control" defined38-90-150Rules, regulations, and orders38-90-160Application of provisions of title; director discretion; exemption of special purpose captive insurance companies38-90-165Declaration of inactivity38-90-170Repealed by 2004 Act No. 291, Section 31, eff July 29, 200438-90-175Captive Insurance Regulatory and Supervision Fund created; disbursements38-90-180Applicability of provisions relating to insurance reorganizations, receiverships, and injunctions; sponsored captive insurance company assets and capital provisions38-90-185Management of assets of captive reinsurance company38-90-200Conversion of certain stock, mutual corporations, or limited liability companies into reciprocal insurers; plan for conversion38-90-210Formation of sponsored captive insurance company; establishing protected cells38-90-215Protected cells38-90-220Requirements applicable to sponsors38-90-225Participants in a sponsored captive insurance company38-90-230Protected cell assets; availability to creditors38-90-235Repealed by 2014 Act No. 282, Section 24, eff June 10, 201438-90-250Certificate of authority