48.09.240  <<  48.09.250 >>   48.09.260

PDFRCW 48.09.250

Contingent liability as asset.

Any contingent liability of members of a domestic mutual insurer to assessment does not constitute an asset of the insurer in any determination of its financial condition.
[ 1949 c 190 s 11; 1947 c 79 s .09.25; Rem. Supp. 1949 s 45.09.25.]