New insurers

No insurer shall transact insurance on the stipulated premium plan in this state unless it lawfully had authority to transact the insurance on January 1, 1960. Acts 1959, No. 148, § 544; A.S.A. 1947, § 66-4405. No insurer shall transact insurance on the stipulated premium plan in this state unless it lawfully had authority to transact the insurance on January 1, 1960. Acts 1959, No. 148, § 544; A.S.A. 1947, § 66-4405.