§ 4-107. Service of process

Latest version.

   (a) Appointment of Commissioner as attorney. -- On the form that the Commissioner provides, each insurer applying for a certificate of authority must appoint the Commissioner as attorney for service of process issued against the insurer in the State.

(b) Effect of appointment. -- The appointment:

   (1) is irrevocable;

   (2) binds the insurer and any successor in interest or successor to the assets and liabilities of the insurer; and

   (3) remains in effect as long as there is in force in the State a contract made by the insurer or an obligation arising from a contract made by the insurer.

HISTORY: An. Code 1957, art. 48A, § 57; 1995, ch. 36.

                    
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