North Carolina General Statutes 58-15-75. Reserves
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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.)
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