2005 Idaho Code - 41-1608 — EFFECTIVE DATE OF FILING

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 16
                         WORKMEN'S COMPENSATION RATES
    41-1608.  EFFECTIVE DATE OF FILING. (1) The director shall review filings
as soon as reasonably possible after they have been made in order to determine
whether they meet the requirements of this chapter.
    (2)  Subject to the exception specified in subsection (3) below, each
filing shall be on file for a waiting period of sixty (60) days before it
becomes effective. Upon the written application by the insurer or rating
organization, the director may authorize a filing which he has reviewed to
become effective before expiration of the waiting period. A filing shall be
deemed to meet the requirements of this chapter unless disapproved by the
director within the waiting period or any extension thereof.
    (3)  Any special filing with respect to a surety or guaranty bond required
by law or by court or executive order or by order, rule or regulation of a
public body, not covered by a previous filing, shall become effective when
filed and shall be deemed to meet the requirements of this chapter until such
time as the director reviews the filing and so long thereafter as the filing
remains in effect.