Section 21.75.220. Aggregate liability.

Latest version.

A single policy or subscriber as to the policy may not be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one calendar year, in excess of the amount provided for in the power of attorney or in the subscribers' agreement, computed solely upon premium earned on the policy during that year.

Notes

History

(Sec. 1 ch 120 SLA 1966)

                    
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