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CHAPTER 58-35

FARM MUTUAL INSURERS

58-35-1      Application of chapter.
58-35-2      Farm mutual insurers subject to chapter.
58-35-3      "State mutual insurer" defined.
58-35-4      "County mutual insurer" defined--Continuation of prior business in noncontiguous counties.
58-35-5      Incorporators--Number and property ownership required for state mutual insurer.
58-35-6      Incorporators--Number and property ownership required for county mutual insurer.
58-35-7      Declaration of intent to incorporate, filing--Proposed articles of incorporation, execution.
58-35-8      Articles of incorporation--Contents.
58-35-9      Fee for filing articles of incorporation.
58-35-10      Articles of incorporation--Approval and endorsement by attorney general.
58-35-11      Misleading name of proposed corporation--Rejection by director.
58-35-12      Repealed.
58-35-13      Transaction of business without certificate of authority as misdemeanor.
58-35-14      Amendment of articles of incorporation.
58-35-15      Qualifications of state mutual insurer for certificate of authority.
58-35-16      Qualifications of county mutual insurer for certificate of authority.
58-35-17      Certificate of authority to insure against hail--Required qualifications to obtain.
58-35-18      Issuance of certificate of authority--Continuation--Termination.
58-35-19      Fees for certificate of authority.
58-35-20      Suspension or revocation of certificate of authority--Grounds.
58-35-21      Bylaws--Making and approval--Modification.
58-35-22      Contents of bylaws.
58-35-23      Filing of bylaws--Disapproval by director.
58-35-24      Minimum number of members.
58-35-25      Directors--Election--Term of office.
58-35-26      Qualification of directors.
58-35-27      Officers--Election--Term of office.
58-35-28      Bonds of treasurer and secretary.
58-35-29      Property insurable by farm mutual.
58-35-29.1      Living expenses and fire department service charges incidental to casualty insurance.
58-35-30      Insurance of property not owned by member or spouse prohibited--Exceptions.
58-35-31      Repealed.
58-35-32      Insurance on churches, schools, and community buildings.
58-35-32.1      Liability insurance issued by state insurers--Medical and disability benefits--Snowmobiles.
58-35-33      Withdrawal from membership--Surrender of policy for cancellation--Payment of obligations.
58-35-34      Repealed.
58-35-35      Maximum amount of insurance on single risk.
58-35-36      "Single risk" defined.


58-35-37      Cash premium or assessment plan for transacting business.
58-35-38      Cash premium plan--Collection of premiums.
58-35-39      Cash premium plan--Special assessment in case of inadequacy.
58-35-40      Assessment plan insurance--Levy of assessments before or after liability incurred--Collection of initial amount before effective date of insurance.
58-35-41      Application for insurance to be in writing--Advance cash payments.
58-35-42      Application and policy forms filed with director--Disapproval.
58-35-43      Rates--Filing with director not required--Discrimination prohibited.
58-35-44      Reinsurance.
58-35-45      Reinsurance corporation formed by insurers--Procedure.
58-35-46      Risk limitation inapplicable to organization of county mutual insurers for reinsurance purposes.
58-35-47      Investment of funds authorized.
58-35-48      Funds expended for educational purposes--Maximum amount--Statement in annual report.
58-35-49      Claim for loss--Notice in writing--Arbitration.
58-35-50      Directors' and officers' liability for failure to pay claims.
58-35-51 to 58-35-53.      Repealed.
58-35-54      Annual statement of affairs--Contents and filing.
58-35-55      Failure to file annual statement--Suspension or revocation of certificate of authority.
58-35-56      Annual statement--Presentation at meeting of members.
58-35-57      Application of other provisions.
58-35-58      Provisions exclusive.
58-35-59      Financial reporting standards.
58-35-60      Merger of farm mutual insurers--Plan of merger.
58-35-61      Policyholders to vote on merger plan--Notice of vote.
58-35-62      Approval of plan of merger by majority of voters.
58-35-63      Execution and acknowledgment of articles of merger--Contents of articles.
58-35-64      Filing plan of merger and articles of merger--Approval by director--Reasons for denying hearing.
58-35-65      Notification of disapproval of plan.
58-35-66      Examination of articles of merger by attorney general--Submission to secretary of state.
58-35-67      Approval of articles of merger by secretary of state--Endorsement--Filing--Certificate of merger.
58-35-68      Merger effective upon issuance of certificate.
58-35-69      Surviving corporation exists separate from parties to merger.
58-35-70      Rights, privileges, immunities, and franchises of surviving or new corporation.
58-35-71      Liabilities and obligations of surviving or new corporation.
58-35-72      Articles of incorporation of surviving corporation amended by plan of merger.
58-35-73      Dissolution of farm mutual insurer.
58-35-74      Rights of dissenting members and proxy voters not applicable to mergers.
58-35-75      Division of farm mutual insurers--Plan.
58-35-76      Members to vote on plan of division.
58-35-77      Articles of division of farm mutual--Articles of incorporation--Filing--Application of chapter provisions.
58-35-78      Annual audit--Independent audit--Report--Extension.


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