83-5-309 - Failure to file; revocation, suspension or refusal of certificate of authority.
§ 83-5-309. Failure to file; revocation, suspension or refusal of certificate of authority.
The Commissioner of Insurance may suspend, revoke or refuse to renew the certificate of authority of any insurer failing to file its annual statement when due or within any extension of time which the commissioner, for good cause, may have granted.
Sources: Laws, 1994, ch. 646, § 5, eff from and after passage (approved April 8, 1994).