ARM 4.4.313

ARM 4.4.313. LOSSES EXCEEDING THE PREMIUM FOR THAT YEAR

Last amended: 2004Length: 34 wordsOfficial source

Cite as Mont. Admin. R. 4.4.313

(1) If the losses for any year exceed the premiums for that year plus the reserve fund, if any, then the payment on losses shall be prorated share-and-share-alike among all suffering loss by hail.
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