Business name of insurer--Use in suits by and against

A reciprocal insurer shall: (1) Have and use a business name. The name shall include the word "reciprocal," or "interinsurer," or "interinsurance," or "exchange," or "underwriters," or "underwriting." (2) Sue and be sued in its own name. Source: SL 1966, ch 111 , ch 19, § 5.