40-1208. Reserves.

40-1208

Chapter 40.--INSURANCE Article 12.--MUTUAL INSURANCE COMPANIES OTHER THAN LIFE

      40-1208.   Reserves.Such company shall have and maintain unearned premium and other reservesupon the same basis as thatrequired of domestic stock insurance companies transacting the same kindof insurance.

      History:   L. 1927, ch. 231, 40-1208; L. 1979, ch. 143, § 3; July 1.