Notification by Commissioner as Regulatory Action Level Event

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Sec. 33. If the commissioner notifies an insurer that the insurer's RBC plan or revised RBC plan is unsatisfactory, the commissioner may, subject to the insurer's right to a hearing under section 44 of this chapter, specify in the notification that the notification constitutes a regulatory action level event.

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


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