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58-24-12 Satisfaction of insurer's obligations by becoming member of or subscriber to licensed rati...
     58-24-12.   Satisfaction of insurer's obligations by becoming member of or subscriber to licensed rating organization. An insurer may satisfy its obligation to make filings pursuant to this chapter by:
             (1)      Becoming a member of, or a subscriber to, a licensed rating organization that makes filings; and
             (2)      Authorizing the director to accept filings on its behalf.
     Nothing contained in this chapter may be construed as requiring any insurer to become a member of or a subscriber to any rating organization.

Source: SL 1966, ch 111, ch 15, § 4 (2); SL 2014, ch 239, § 1.


Chapter 58-24

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