Kentucky Statutes 304.22-020 – Filing of rates — Rate standard — Adherence
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(1) Every title insurer shall, before use in this state, file with the commissioner its schedule of the risk portion of premium rates for title insurance, and thereafter every modification or amendment thereof.
(2) Rates for title insurance shall not be excessive, inadequate, or unfairly discriminatory.
(3) The insurer shall adhere to the rates as so filed by it.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1320, effective July 15, 2010. — Created
1970 Ky. Acts ch. 301, subtit. 22, sec. 2, effective June 18, 1970.
(2) Rates for title insurance shall not be excessive, inadequate, or unfairly discriminatory.
Terms Used In Kentucky Statutes 304.22-020
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
(3) The insurer shall adhere to the rates as so filed by it.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1320, effective July 15, 2010. — Created
1970 Ky. Acts ch. 301, subtit. 22, sec. 2, effective June 18, 1970.