§ 27-17-8. “Net premium deposits” defined.
“Net premium deposits,” as used in this chapter, mean the premium deposits made by subscribers after deduction from them of the amount paid as return premiums upon cancelled contracts and reinsurance in companies or associations licensed to do business in this state.
History of Section.
P.L. 1952, ch. 3003, § 6; G.L. 1956, § 27-17-8.