§431:3-202 Insurer's name. (a) Every insurer shall conduct its business in its own legal name.
(b) No insurer shall assume or use a name deceptively similar to that of any other authorized insurer, nor which tends to deceive or mislead as to the type of organization of the insurer.
(c) When a foreign or alien insurer authorized to do business in this State wants to change the name under which its certificate of authority is issued, the insurer shall file a request for name change with the commissioner at least thirty days prior to the effective date of the name change. If within the thirty-day period the commissioner finds the name change request does not meet the requirements of this chapter or of the corporation laws of this State, the commissioner shall send to the insurer written notice of disapproval of the request specifying in what respect the proposed name change fails to meet the requirements of this chapter or the corporation laws of this State and stating that the name change shall not become effective. [L 1987, c 347, pt of §2; am L 1988, c 363, §2(2)]
Section: Previous 431-3-105 431-3-106 431-3-107 431-3-108 431-3-109 431-3-110 431-3-201 431-3-202 431-3-203 431-3-203.5 431-3-204 431-3-205 431-3-206 431-3-207 431-3-208 NextLast modified: October 27, 2016