Change in method of computation of unearned premium reserve--Approval of director required.

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58-26-39. Change in method of computation of unearned premium reserve--Approval of director required.

After adopting a method for computing the reserve required by §58-26-36, an insurer shall not change methods without approval of the director.

Source: SL 1966, ch 111, ch 5, §5 (4).


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