CHAPTER 33.  INSURANCE.

ARTICLE 1. DEFINITIONS.

§33-1-11. Reinsurance.

Reinsurance is a contract of indemnity against liability by which an insurer procures another insurer to insure it against loss or liability by reason of the original insurance.

Bill History For §33-1-11

1957 Regular Session
House Bill 126
1947 Regular Session
Senate Bill 224