38.2-2004 - Filings by rate service organization. - Virginia Statutes

§ 38.2-2004. Filings by rate service organization.

An insurer may satisfy its obligation to make the rate filings required in §38.2-2003 by becoming a member of or a subscriber to a rate serviceorganization that makes such filings and that is licensed pursuant to §38.2-1914, and by authorizing the Commission to accept the filings on itsbehalf. Filings made by rate service organizations shall meet therequirements of § 38.2-2003. No insurer shall be required to become a memberof or a subscriber to any rate service organization.

(Code 1950, §§ 38-253.27, 38-253.73; 1952, c. 317, § 38.1-242; 1972, c. 836;1973, c. 504; 1986, c. 562.)