Resubmitted form not to be disapproved for reasons other than in initial disapproval--Exceptions.

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58-11-72. Resubmitted form not to be disapproved for reasons other than in initial disapproval--Exceptions.

Except as provided in this section, the director may not disapprove a resubmitted policy form for reasons other than those initially set forth in the original notice of deficiencies or disapproval. The director may disapprove a resubmitted policy form for reasons other than those initially set forth in the original notice of deficiencies or disapproval if:

(1)The filer has introduced new provisions in the resubmission;

(2)The filer has materially modified any substantive provisions of the policy form;

(3)There has been a change in any statute, rule, or published bulletin; or

(4)There has been reviewer error and the written disapproval fails to state a specific provision of applicable statute, rule, or bulletin that is necessary to have the policy form conform to the requirements of law.

Source: SL 2008, ch 261, §9.


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