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Codified Laws

58-34-38Assessments against subscribers--Authority for levy.

Assessments may be levied upon subscribers of a domestic reciprocal insurer liable therefor under the terms of their policies by the attorney upon approval by the subscribers' advisory committee and the director; or by the director in liquidation of the insurer.

Source: SL 1966, ch 111, ch 19, § 23 (1).