Life Insurance Policies and Reserves

SECTION 27-4-24.2

§ 27-4-24.2. Notice of disapproval.

If within the waiting period or any extension of it as provided in § 27-4-24.1 the commissioner finds that a filing does not meet the requirements of this chapter, the commissioner shall send to the insurer or organization which made that filing written notice of disapproval of that filing specifying in the notice in what respects he or she finds that filing fails to meet the requirements of this chapter and stating that that filing shall not become effective.

History of Section.
(P.L. 1973, ch. 264, § 1.)