If any kind of insurance, subdivision, or combination thereof or type of coverage subject to this article is also subject to regulation under Article 5 of this chapter, an insurer to which both articles are otherwise applicable shall file with the department a designation as to which regulatory article shall be applicable to it with respect to that kind of insurance, subdivision, or combination thereof or type of coverage.
HISTORY: Former 1976 Code Section 38-43-320 [1947 (45) 322; 1952 Code Section 37-672; 1962 Code Section 37-672] recodified as Section 38-73-320 by 1987 Act No. 155, Section 1; 1993 Act No. 181, Section 783.