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§27-17-8  "Net premium deposits" defined. –


Published: 2015

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TITLE 27

Insurance

CHAPTER 27-17

Reciprocal Exchanges and Interinsurers

SECTION 27-17-8



   § 27-17-8  "Net premium deposits" defined.

–

"Net premium deposits," as used in this chapter, mean the premium deposits made

by subscribers after deduction from them of the amount paid as return premiums

upon cancelled contracts and reinsurance in companies or associations licensed

to do business in this state.



History of Section.

(P.L. 1952, ch. 3003, § 6; G.L. 1956, § 27-17-8.)