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