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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A certificate authorizing the formation of a corporation to transact the business of an insurance company or a health care center shall be issued by the commissioner if the following is submitted to the commissioner by the incorporators and is deemed to be satisfactory: (1) The proposed articles of incorporation, which shall state that the corporation has, as a purpose, the doing of an insurance business or health care center business; (2) the proposed bylaws of the corporation; and (3) such information as the commissioner shall require to evaluate the objectives, management and control of the proposed corporation, pursuant to the provisions of chapter 54. 1
(b) All expenses incurred by the commissioner in connection with proceedings under this section shall be paid by the person filing the application.
Cite this article: FindLaw.com - Connecticut General Statutes Title 38A. Insurance § 38a-41a. Certificate authorizing formation of insurance company or health care center. Information required by commissioner. Costs - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-38a-insurance/ct-gen-st-sect-38a-41a/
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