Insurance cooperatives may organize and acquire other insurers and any other type of business, as provided in §§ 648–662 of this title or any other provision of this Code, by themselves or jointly with other cooperative institutions, for which they shall have the same powers and the same duties as the other insurers.
History —Ins. Code, added as § 34.191 on June 27, 1964, No. 110, p. 330; Nov. 12, 2007, No. 174, § 21, eff. 30 days after Nov. 12, 2007.