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Mississippi Code Title 83. Insurance § 83-31-27. Premiums

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The maximum premium payable by any member shall be expressed in the policy or in the application for the insurance.  Such maximum premium may be a cash premium and an additional contingent premium not less than the cash premium, or may be solely a cash premium.  No policy shall be issued for a cash premium without an additional contingent premium unless the company has a surplus which is not less in amount than the capital stock required of domestic stock insurance companies transacting the same kind of insurance.

Cite this article: - Mississippi Code Title 83. Insurance § 83-31-27. Premiums - last updated January 01, 2018 |

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