17B:27-51.10.Ā  Renewal date;Ā  policy with reservation of right to change premium
For the purposes of this act, a policy or contract in which the company hasĀ  reserved the right to change the premium shall be considered renewed as of theĀ  date on which the premium is changed or is subject to change.

L.1979, c. 158, s. 3, eff. July 19, 1979.