58-24-56. Filings based on information furnished by noncompliant advisory organization prohibited--Order requiring discontinuance.
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/sd/title-58/chapter-58-24/58-24-56·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No insurer that makes its own filings or any rating organization that submits filings with the division may support its filings by statistics or adopt rate-making recommendations furnished to it by an advisory organization which has not complied with § 58-24-54 or with an order of the director involving statistics or recommendations issued under § 58-24-55 . If the director finds an insurer or rating organization to be in violation of this section the director may issue an order requiring the discontinuance of the violation.