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§ 251 — 251 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

251

U.S. Virgin Islands § 251 — U.S. Virgin Islands law

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An insurer formed in this territory shall be either—\n(1) an incorporated stock insurer;\n(2) an incorporated mutual insurer;\n(3) an incorporated specific risks mutual property insurer;\n(4) an incorporated mutual assessment property insurer only;\n(5) an incorporated farm mutual assessment property insurer only; or\n(6) a reciprocal insurer, with respective powers, duties, and restrictions as provided in this title.