21-3A-12. Rules established by director of Division of Insurance.

The director of the Division of Insurance shall establish rules:

(1)    For determining which insurers, self-insurers, plans, or arrangements are financially qualified to provide the security required under this Act and to be designated as qualified insurers;

(2)    To require insurers to post security under § 21-3A-8 if found by the court to be obligated and capable of posting security; and

(3)    For publishing prior to January first of each year the rate of discount per annum set out in § 21-3A-6.

Source: SL 1986, ch 163, § 12.