58-11-35. Renewal or extension of policy at option of insurer. Any insurance policy terminating by its terms at a specified expiration date and not otherwise renewable, may be renewed or extended at the option of the insurer and upon a currently authorized policy form and at the premium rate then required therefor, for additional periods by certificate or by endorsement of the policy, and without requiring the issuance of a new policy.
Source: SL 1966, ch 111, ch 22, § 26.
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