Insurance Law 4205 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 4204 Financial requirements for the organization of stock accident and health insurance companies and stock legal services insurance companies up ARTICLE 42 Life Insurance Companies and Accident and Health Insurance Companies and Legal Services Insurance Companies next SECTION 4206 Deposits by life, accident and health, and legal services insurance companies Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 4205 Life, accident and health, and legal services insurance companies; engaging in other business Insurance (ISC) CHAPTER 28, ARTICLE 42 § 4205. Life, accident and health, and legal services insurance companies; engaging in other business. No life insurance company licensed to do a life insurance business in this state shall do any business other than the kinds of business specified in paragraphs one, two, three, twenty-nine and thirty-one of subsection (a) of section one thousand one hundred thirteen, sections one thousand one hundred fourteen, one thousand seven hundred fourteen and three thousand two hundred twenty-two of this chapter and such other business as is necessarily or properly incidental thereto. Except as stated in section one thousand one hundred six of this chapter, this section shall apply to the business within or without this state of such a foreign life insurance company and shall apply only to the business within the United States of such an alien life insurance company.