reasonable premiums
Defined in 1 place of the United States Code.
the term “reasonable premiums” means premium amounts determined by the Secretary to be reasonable in light of the amount of investment subject to the risk and premiums charged in similar or analogous situations by private insurers where private insurance is concerned and by insurers or guarantors, both public and private, where public insurance is concerned;
Source
- 1994–present30 U.S.C. § 1522Mineral Lands and Mining · Establishment of program · in this section