58-11-26. Underwriters' policy--Joint and several liability--True name of insurer.

Two or more authorized insurers may, with the director's approval, jointly issue, and shall be jointly and severally liable on, an underwriters' policy bearing their names. Any one insurer may issue policies in the name of an underwriter's department and such policy shall plainly show the true name of the insurer.

Source: SL 1966, ch 111, ch 22, § 21 (1).