Section 58-26-38 - Unearned premium reserve--Computation on a prorata basis.
58-26-38. Unearned premium reserve--Computation on a prorata basis. In lieu of computation according to the table in § 58-26-37, the insurer at its option may compute all of the reserves required by § 58-26-36 on a monthly or more frequent prorata basis.
Source: SL 1966, ch 111, ch 5, § 5 (3).