Find Bill
Find Your Legislator
Legislative Deadlines
Aug. 9, 2018
RSS Feed Permanent URL -A +A

2017 Statute



Prev Article 16. - RECIPROCAL OR INTERINSURANCE CONTRACTSNext


40-1630.Reciprocal; assessable insurance policies, prohibition against issuance. No reciprocal shall issue any assessable insurance policies. The subscribers of a reciprocal shall not be personally liable for the payment of the reciprocal's debts or obligations. Any judgment against a reciprocal shall be binding only upon the reciprocal and not upon each of the reciprocal's subscribers.

History: L. 2000, ch. 170, § 16; July 1.



Prev Article 16. - RECIPROCAL OR INTERINSURANCE CONTRACTSNext
2018. Powered by KLISS. Rendered: 2018-08-09T23:16:57. Head Rev No: 551994(E)