Ky. Rev. Stat. § 304.13-055
Current through Acts Received April 24, 2024
With respect to any filing which, if approved, would result in a reduction of rates, the commissioner shall immediately order the proposed rates to be effective. If upon the commissioner's review of the filing or as a result of a public hearing it appears that the proposed rates should be further reduced, the commissioner may order the insurer or rating organization to show cause within thirty (30) days why such rates should not be further reduced in accordance with the order.
KRS 304.13-055
Amended 2010, Ky. Acts ch. 24, sec. 1118, effective7/15/2010. --Amended 1980 Ky. Acts ch. 187, sec. 4, effective 7/15/1980. -- Created 1978 Ky. Acts ch. 256, sec. 8, effective 6/17/1978.