§ 5722. Aggregate or contingent liability.
62 words·~1 min read·
/de/title-18/chapter-57-reciprocal-insurers/5722·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No 1 policy or subscriber as to such policy shall be assessed or charged with an aggregate or contingent liability as to obligations incurred by a domestic reciprocal insurer in any 1 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 such policy during that year.