Filings based on information furnished by noncompliant advisory organization prohibited--Order requiring discontinuance

No insurer that makes its own filings or any rating organization that submits filings with the division may support its filings by statistics or adopt rate-making recommendations furnished to it by an advisory organization which has not complied with § 58-24-54 or with an order of the director involving statistics or recommendations issued under § 58-24-55 . If the director finds an insurer or rating organization to be in violation of this section the director may issue an order requiring the discontinuance of the violation. Source: SL 1966, ch 111 , ch 15, § 10 (4); SL 2014, ch 239 , § 18.