Grossly inadequate filings.

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58-11-73. Grossly inadequate filings.

The director may return a grossly inadequate filing to the filer without triggering any of the time deadlines set forth in §§58-11-64 to 58-11-76, inclusive. For purposes of this section, a grossly inadequate filing means a filing that fails to provide key information, including state-specific information, regarding a product, policy, or rate, or that demonstrates an insufficient understanding of what is required to comply with state statutes or rules.

Source: SL 2008, ch 261, §10.


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