58-26-38. Unearned premium reserve--Computation on a prorata basis.
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/sd/title-58/chapter-58-26/58-26-38·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In lieu of computation according to the table in § 58-26-37 , the insurer at its option may compute all of the reserves required by § 58-26-36 on a monthly or more frequent prorata basis.