58-17-18 Renewal of policy--Restriction on company's right to refuse.
Renewal of policy--Restriction on company's right to refuse.
A policy in which the
insurer reserves the right to refuse renewal shall have the following clause at the beginning of the
provision in § 58-17-17,
"Unless not less than thirty days prior to the premium due date the insurer has delivered to the
insured or has mailed to his last address as shown by the records of the insurer written notice of its
intention not to renew this policy beyond the period for which the premium has been accepted."
Source: SL 1966, ch 111, ch 25, § 6; SL 1977, ch 407, § 2.