41-2829 — MEMBERSHIP IN MUTUALS

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                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 28
                    ORGANIZATION AND CORPORATE PROCEDURES
                         OF STOCK AND MUTUAL INSURERS
    41-2829.  MEMBERSHIP IN MUTUALS. (1) Each policyholder of a domestic
mutual insurer, other than of a reinsurance contract, is a member of the
insurer during the period of the insurance with all rights and obligations of
such membership, and the policy shall so specify.
    (2)  Any person, government or governmental agency, state or political
subdivision thereof, public or private corporation, board, association,
estate, trustee or fiduciary may be a member of a mutual insurer.