§33-31-22. Certificate of general good.
In the case of a captive insurance company licensed as a
branch captive, the alien captive insurance company shall petition
the commissioner to issue a certificate setting forth the
commissioner's finding that, after considering the character,
reputation, financial responsibility, insurance experience and
business qualifications of the officers and directors of the alien
captive insurance company, the licensing and maintenance of the
branch operations will promote the general good of the state. The
alien captive insurance company may register to do business in this
state after the commissioner's certificate is issued.