No nonprofit legal service corporation, as defined in section 38a-230, shall enter into any contract with subscribers unless and until it has filed with the Insurance Commissioner a full schedule of the rates to be paid by the subscriber and has obtained said commissioner's approval thereof. The commissioner may refuse such approval if the commissioner finds such rates are excessive, inadequate or unfairly discriminatory. No such legal service corporation shall enter into any contract with subscribers unless and until it has filed with the Insurance Commissioner a copy of such contract, including all riders and endorsements thereof, and until the commissioner's approval thereof has been obtained. The Insurance Commissioner shall, within a reasonable time after the filing of any such form, notify such corporation of the commissioner's approval or disapproval thereof.
(P.A. 79-234, S. 7; P.A. 90-243, S. 159; P.A. 17-15, S. 15.)
History: P.A. 90-243 added a reference to “nonprofit” legal service corporation and made technical corrections for statutory consistency; Sec. 38-407 transferred to Sec. 38a-236 in 1991; P.A. 17-15 made technical changes.
Structure Connecticut General Statutes
Chapter 698b - Prepaid Legal Services
Section 38a-234. (Formerly Sec. 38-405). - Incorporation of legal service corporations.
Section 38a-235. (Formerly Sec. 38-406). - Nature of contract and mandatory provisions.
Section 38a-238. (Formerly Sec. 38-409). - Investment of legal service corporation funds.
Section 38a-240. (Formerly Sec. 38-411). - Legal service corporation property exempt from taxes.
Section 38a-243. (Formerly Sec. 38-414). - Plan to permit subscribers to choose their own attorneys.
Section 38a-244. (Formerly Sec. 38-415). - Applicability.
Section 38a-245. (Formerly Sec. 38-416). - Solicitation of subscribers; prohibited acts.