The director shall have authority to promulgate reasonable rules and regulations limiting or modifying any aspect of any commercial casualty insurance rating plan or rating system which involves a possible modification of the base rate. No rule or portion of a rule promulgated under the authority of this chapter shall become effective unless it has been promulgated pursuant to the provisions of section 536.024.
Mo. Rev. Stat. § 379.893
Rules and regulations on modification of rate base, authority of director —..
Known as the The Casualty and Surety Rate Regulatory Law
The act spans §§ 379–379 (298 sections).
Effective: 28 Aug 1995; (L. 1987 H.B. 700 § 31, A.L. 1993 S.B. 52, A.L. 1995 S.B. 3)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.