There is a newer version of the Kentucky Revised Statutes
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2011 Kentucky Revised Statutes
Subtitle 13. Rates and Rating Organizations
304.13.055 Reduction of rates effective upon filing.


KY Rev Stat § 304.13.055 (1996 through Reg Sess) What's This?
Download pdf

304.13-055 Reduction of rates effective upon filing. With respect to any filing which, if approved, would result in a reduction of rates, the commissioner shall immediately order the proposed rates to be effective. If upon the commissioner's review of the filing or as a result of a public hearing it appears that the proposed rates should be further reduced, the commissioner may order the insurer or rating organization to show cause within thirty (30) days why such rates should not be further reduced in accordance with the order. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1118, effective July 15, 2010. -Amended 1980 Ky. Acts ch. 187, sec. 4, effective July 15, 1980. -- Created 1978 Ky. Acts ch. 256, sec. 8, effective June 17, 1978.

Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.