Mont. Code § 33-2-513

Current through the 2023 Regular Session
Section 33-2-513 - Unearned premium reserve for marine and transportation insurance

As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be deemed unearned and the commissioner may require the insurer to carry a reserve equal to 100% of premiums on trip risks written during the month ended as of the date of statement.

§ 33-2-513, MCA

En. Sec. 87, Ch. 286, L. 1959; R.C.M. 1947, 40-3006.