58-34-40. Earned premiums, computation for purpose of assessments. In computing the earned premiums for the purposes of § 58-34-39, the gross premium received by the insurer for the policy shall be used as a base, deducting therefrom solely charges not recurring upon the renewal or extension of the policy.
Source: SL 1966, ch 111, ch 19, § 23 (3).
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