As used in this chapter, unless the context clearly requires otherwise:
- (1) “Attorney” means the attorney-in-fact of a reciprocal insurer.
- (2) “Reciprocal” insurance is that resulting from an interchange among persons, known as subscribers, of reciprocal agreements of indemnity, the interchange being effectuated through an attorney-in-fact common to all such persons.
- (3) “Subscribers” are persons who enter into reciprocal insurance agreements under this chapter.
(Added 1971, No. 31, § 1, eff. March 31, 1971.)