83-38-17 - Rate requirements.
§ 83-38-17. Rate requirements.
The forms, rates, rating plans, and rating rules applicable to the insurance written by the association shall be those approved for use of the association by the commissioner. Surcharges may be used as approved by the commissioner. Rates shall be actuarially sound and nondiscretionary as to the same class of risk.
Sources: Laws, 1987, ch. 422, § 43; Laws, 2003, ch. 533, § 8, eff from and after July 1, 2003.