58-19-13. Premium rate not to exceed scheduled rate--Misdemeanor.
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/sd/title-58/chapter-58-19/58-19-13·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No insurer shall issue any credit life insurance policy or credit health insurance policy for which the premium rate exceeds that determined by the schedules of such insurer as then on file with the director. Violation of this section is a Class 2 misdemeanor.