31A-19a-216. Charging of rates.
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31A-19a-216. Charging of rates.
An authorized insurer, licensed insurance producer, employee, other representative of an authorized insurer may not knowingly:
(1)charge or demand a rate or receive a premium that departs from the rates, rating plans, classifications, schedules, rules, and standards in effect on behalf of the insurer; or
(2)issue or make any policy or contract involving a violation of Subsection
(1).
Amended by Chapter 298 , 2003 General Session