41-2924 — TIME LIMIT FOR ASSESSMENT
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TITLE 41
INSURANCE
CHAPTER 29
RECIPROCAL INSURERS
41-2924. TIME LIMIT FOR ASSESSMENT. Every subscriber of a domestic
reciprocal insurer having contingent liability shall be liable for, and shall
pay his share of any assessment, as computed and limited in accordance with
this chapter, if:
(1) While his policy is in force or within one year after its
termination, he is notified by either the attorney or the director of his
intentions to levy such assessment, or
(2) If an order to show cause why a receiver, conservator, rehabilitator
or liquidator of the insurer should not be appointed is issued while his
policy is in force or within one year after its termination.