Statute 40-104: Supervision over transactions.
The commissioner of insurance shall have supervision of all transactions
relating to the organization or reorganization of insurance companies
organized under the laws of this state, and shall also supervise the sale
of all stock certificates, bonds or other evidences of interest or
indebtedness issued by any such companies. The commissioner of insurance
shall supervise in this state the sale of stock certificates, bonds or
other evidences of interest or indebtedness by companies organized under
the laws of any other state or country.
History: L. 1927, ch. 231, 40-104; L. 1931, ch. 201, § 1; May 28.