29.0411 Certificate of authority required.

Cite as [A.S.C.A. § 29.0411]

No unauthorized insurer may institute or file, or cause to be instituted or filed, any suit, action or proceedings in this Territory to enforce any right, claim or demand arising out of the transaction of business in this Territory until such insurer has obtained a certificate of authority to transact insurance business in this Territory.

History: 1974, PL 13-58 § 1.