There is a newer version of the Louisiana Laws
2006 Louisiana Laws - RS 22:892 — Reserve for marine and transportation (inland marine) insurance
§892. Reserve for marine and transportation (inland marine) insurance
In the case of policies of marine or inland navigation or transportation insurance the unearned premium reserve, to be charged as a liability shall be fifty per cent of the amount of the premiums upon risks covering not more than one passage not terminated and shall be upon a pro rata basis for all other policies.
Acts 1958, No. 125.
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