Purpose
The purpose of 33-3-450 through 33-3-453 is to authorize domestic insurance companies to utilize modern systems for holding and transferring securities without physical delivery of securities certificates, subject to appropriate rules adopted by the commissioner.
| EnactedEn. SectionSec. 1, ChapterCh. 380, Laws ofL. 2003 (HB 145 - McKenney, Joe (R) HD 49) |