Title 33, Chapter 17, Section 17
( 33-17-17)
The attorney or other parties may advance to a domestic reciprocal
insurer upon reasonable terms any funds as it may require from time
to time in its operations. Sums so advanced shall not be treated as
a liability of the insurer and, except upon liquidation of the
insurer, shall not be withdrawn or repaid except out of the
insurer's realized earned surplus in excess of its minimum required
surplus. No withdrawal or repayment shall be made without the
advance approval of the Commissioner. |