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1935 - Pt. 1 Op. Mo. Att'y Gen. 1 (1935)

handle is hein.sag/sagmo0084 and id is 1 raw text is: INSTHANCE Amoimt of reserve of mutual fire insiuants com- .anies required, January 2, 1935, Hlonorable To C Witchell, Jr. Assistant tary Insuranc De artment Jetferaon Cityp Plaouri Dear ir: We have yo requst of Deeamber 14, 1934 for an opinionl, wich request I s follows: In Mr, Polittets request, it appears that he limits his re- qust for an opinion regardin' fo;reign mutual f ire insurnce companies. Are w Corr-et in aassuming tha1-t the opinion ren- dered wae intended to apply to doietic mutual fire companies as well as foreign mutual fire come panisat ill you please also infor us whether or not, in apwroving a non-assesaRble fore for mutual fire c. mpnies, an reqilrement should be made as to the amnt of surplu whih the company must have? Further, could a non-asseasable form of policy be issued at once ba mutual company organiing, either by means of applications for policles, as provided Seotion 5808, or by meens of the ,uarantee fund as stated in this Section? Digitized from Best Copy Available