Illinois Statutes
§ 395 — Reserves for marine and inland marine
Illinois § 395
JurisdictionIllinois
TopicREGULATION
Ch. 215INSURANCE
Act 215 ILCS 5/Illinois Insurance Code.
Art.Article XXIII - Fire And Marine Insurance
This text of Illinois § 395 (Reserves for marine and inland marine) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
215 Ill. Comp. Stat. 395 (2026).
Text
In the case of policies of marine or inland navigation or transportation insurance the unearned premium reserve, to be charged as a liability, shall be fifty per centum of the amount of the premiums upon risks covering not more than one passage not terminated and shall be upon a pro rata basis for all other policies.
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Legislative History
(Source: Laws 1937, p. 696.)
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 395, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/215/395.