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Home » US Law » 2019 US Virgin Islands Code » Title 22 - Insurance » Chapter 11 - Organization of Domestic Insurers » § 252. Assessment mutuals prohibited; exceptions

Except for mutual assessment property insurers and farm mutual assessment property insurers, no insurer shall be formed or be authorized in this territory to issue contracts of insurance the performance of which is contingent upon the payment of assessments, assessment premiums, or calls made upon its members.