Court Opinion

ID: 3794481
Source: CourtListenerOpinion
Date Created: 2016-07-06 07:39:59.46918+00
Date Added: 2024-06-11T14:21:08.842905
License: Public Domain

OPINION — AG — IF THE PAYMENT OF A RENEWAL PREMIUM IS A CONTINUATION OF THE ORIGINAL POLICY, SENATE BILL NO. 327 HAS NO APPLICATION. HOWEVER, IF THE PAYMENT OF A RENEWAL PREMIUM CONSTITUTED A NEW AND INDEPENDENT CONTRACT. SENATE BILL NO. 327 WILL APPLY. WHETHER THE RENEWAL PREMIUM IS A NEW CONTRACT OR AN EXTENSION OF THE OLD DEPENDS ON THE INTENTION OF THE PARTIES AS ASCERTAINED FROM THE INSTRUMENT ITSELF. CITE: ARTICLE II, SECTION 15, OPINION NO. 65-225 (JOSEPH C. MUSKRAT)