33-2-1202. through 33-2-1204 reserved
33-2-1202 through 33-2-1204 reserved.
33-2-1201. Limit of risk
33-2-1201. Limit of risk. (1) An insurer may not retain any risk on any one subject of insurance, whether located or to be performed in this state or elsewhere, in an amount exceeding 10% of its surplus to policyholders. (2) A “subject of insurance” for the purposes of this section, as to insurance against fire and hazards […]