Section 23-72-112 - Additional assessments or adjustments of rates or benefits

An insurer has power to provide in its bylaws for the calling of extra, increased, or additional assessments or for adjustment of rates and benefits when the assessments and contributions from its members prove to be inadequate to meet all claims and expenses.Acts 1959, No. 148, § 567; A.S.A. 1947, § 66-4512.