North Carolina General Statutes 58-15-75. Reserves
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Terms Used In North Carolina General Statutes 58-15-75
- Reciprocal: means an aggregation of subscribers under a common name. See North Carolina General Statutes 58-15-5
Each reciprocal shall maintain the same unearned premium and loss or claim reserves required for stock and mutual companies writing the same kinds of insurance. (1989, c. 425, s. 1.)