(a) The incorporators shall file with the Commissioner: (1) the articles of incorporation of the society; (2) certified copies of the society's laws and rules; (3) copies of all proposed: (i) forms of certificates; (ii) applications for certificates; and (iii) circulars to be issued by the society; and (4) a bond conditioned on the return to applicants of advance premiums if the organization of the society is not completed within 1 year. (b) The Commissioner may require any additional information that the Commissioner considers necessary. (c) The bond required under subsection (a) of this section must: (1) be issued by a surety insurer approved by the Commissioner; and (2) be in the amount required by the Commissioner, but not less than $300,000 nor more than $1,500,000. (d) Each document filed shall be in the English language.
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