CHAPTER 33.  INSURANCE.

ARTICLE 21. RECIPROCAL INSURERS.

§33-21-22. Distribution of unused premiums, savings or credits.

A reciprocal insurer may from time to time return to its subscribers any unused premiums, savings, or credits accruing to their accounts. Any such distribution shall not unfairly discriminate between classes of risks, or policies, or between subscribers, but such distribution may vary as to classes of subscribers based upon the experience of such subscribers.

§33-21-22. Distribution of unused premiums, savings or credits.

Bill History For §33-21-22

1957 Regular Session
HB126