US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 28
                    ORGANIZATION AND CORPORATE PROCEDURES
                         OF STOCK AND MUTUAL INSURERS
    41-2848.  ENFORCEMENT OF CONTINGENT LIABILITY. (1) The insurer shall
notify each member of the amount of the assessment to be paid by written
notice mailed to the member's address last of record with the insurer. Failure
of the member to receive the notice so mailed, within the time specified
therein for the payment of the assessment or at all, shall be no defense in
any action to collect the assessment.
    (2)  If a member fails to pay the assessment within the period specified
in the notice, which period shall not be less than twenty (20) days after
mailing, the insurer may institute suit to collect the same.