58-24-12 Satisfaction of insurer's obligations by becoming member or subscriber to licensed rating ...
Satisfaction of insurer's obligations by becoming member or subscriber to licensed
An insurer may satisfy its obligation to make such filings by becoming a member
of, or a subscriber to, a licensed rating organization which makes such filings, and by authorizing
the director to accept such filings on its behalf; provided that nothing contained in this chapter shall
be construed as requiring any insurer to become a member of or a subscriber to any rating
Source: SL 1966, ch 111, ch 15, § 4 (2).