§ 33-2-513

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