40-296. Same; offer of insurance by one of group of affiliated insurors, effect.
72 words·~1 min read·
/ks/chapter-40/40-296A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
40-296. Same; offer of insurance by one of group of affiliated insurors, effect. An offer of insurance by any one of a group of affiliated insurors shall constitute compliance with this act on behalf of an insurance company and all of its affiliates: Provided, however, That the premium charged in the affiliate company shall be at no higher rate than the then current rate charged by the affiliate company for such classification.