SECTION 13.12. Assessments and Rate Schedules  


Latest version.
  • (a) All rate schedules to be used by a company or association shall be first adopted in accordance with the bylaws or articles of association of such company or association and shall be submitted in duplicate to the State Board of Insurance prior to the use of such rates.

    (b) All rate schedules to be used by a company or association shall be file-marked by the State Board of Insurance and a duplicate copy forwarded to the company or association. Each company or association shall maintain the file-marked copy in its permanent files.

Source Note: The provisions of this §13.12 adopted to be effective January 1, 1976; amended to be effective May 3, 1983, 8 TexReg 1294.