CHAPTER 33.  INSURANCE.

ARTICLE 21. RECIPROCAL INSURERS.

§33-21-17. Same -- On judgments.

(a) No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for thirty days.

(b) Any such judgment shall be binding upon each subscriber only in such proportion as his interests may appear and in amount not exceeding his contingent liability, if any.

Bill History For §33-21-17

1957 Regular Session
House Bill 126