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Current as of January 01, 2023 | Updated by Findlaw Staff
In the case of policies of marine or inland navigation or transportation insurance the unearned premium reserve, to be charged as a liability shall be fifty percent of the amount of the premiums upon risks covering not more than one passage not terminated and shall be upon a pro rata basis for all other policies.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 22, § 763. Reserve for marine and transportation (inland marine) insurance - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-22-sect-763/
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