TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 16. RATES -- RATING AND ADVISORY ORGANIZATIONS

Part 4. Rating Organizations

Insurers With Common Ownership Or Management

33-16-405. Insurers with common ownership or management. If two or more insurers having a common ownership or operating in this state under common management are admitted for the classes or types of insurance for which a rating organization is licensed to make rates, the rating organization may require as a condition to membership or subscribership of one or more that all such insurers shall become members or subscribers.

History: En. Sec. 18, Ch. 362, L. 1969; R.C.M. 1947, 40-3651.