§ 33-16-8. Contents of Bylaws Generally; Amendment of Bylaws; Provision for Exclusion of Members

The bylaws shall state the time and manner of the levy and payment of all premiums or assessments for all insurance written by the company. The bylaws shall also fix the liability of the policyholders for all losses accrued while the policies are in force, in addition to the regular premium or assessment of the […]

§ 33-16-9. Inclusion of Bylaws in Insurance Policy; Inclusion in Policy of Statement of Contingent Liability of Members

The portion of the bylaws which affects the insuring agreement shall be contained in the policy. Each policy issued by the insurer shall contain a statement of the contingent liability, if any, of its members. History. Orig. Code 1863, § 2787; Code 1868, § 2795; Code 1873, § 2837; Code 1882, § 2837; Civil Code […]