4.4.313 LOSSES EXCEEDING THE PREMIUM FOR THAT YEAR
(1) If the losses for any year exceed the premiums for that year plus the reserve fund, if any, then the payment on losses shall be prorated share-and-share-alike among all suffering loss by hail.
History: 80-2-201, MCA; IMP, 80-2-244 and 80-7-907, MCA; NEW, 1978 MAR p. 719, Eff. 5/26/78; AMD, 2004 MAR p. 565, Eff. 3/12/04.