§36-1507. Unearned premium reserve for marine insurance.
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/ok/title-36-insurance/36-1507·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
With reference to marine insurance, premiums on trip risks not terminated shall be deemed unearned, and the Insurance Commissioner may require the insurer to carry a reserve thereon equal to one hundred percent (100%) on trip risks written during the month ended as of the date of statement. Laws 1957, p. 282, § 1507.