Section 56-22-118 - County mutual insurance companies subject to same proceedings and actions as insurance companies

The commissioner may subject a county mutual insurance company to any proceeding or action authorized pursuant to chapter 9 of this title, under the same terms as insurance companies. For all such purposes, county mutual insurance companies are deemed to meet the definition of insurance company set forth in chapter 9 of this title.Acts 2006, ch. 689, §§ 3, 21.