Timing for Submission of Rbc Plan After Company Action Level Event

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Sec. 31. An insurer must submit to the commissioner an RBC plan required under section 30 of this chapter:

(1) not more than forty-five (45) days after the company action level event; or

(2) not more than forty-five (45) days after notification to the insurer that the commissioner has, after a hearing under section 44 of this chapter, rejected the insurer's challenge.

As added by P.L.186-1996, SEC.1.


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