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2021 Oklahoma Statutes
Title 36. Insurance
§36-1507. Unearned premium reserve for marine insurance.

Universal Citation:
36 OK Stat § 36-1507 (2021)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

With reference to marine insurance, premiums on trip risks not terminated shall be deemed unearned, and the Insurance Commissioner may require the insurer to carry a reserve thereon equal to one hundred percent (100%) on trip risks written during the month ended as of the date of statement.

Laws 1957, p. 282, § 1507.

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