Mississippi § 83-5-413 - Hearings.
Full text of Mississippi Mississippi Code of 1972 Annotated § 83-5-413 — Hearings., with citation guidance and answers to common questions.
§ 83-5-413. Hearings.
In order to maintain the integrity of proceedings and prevent undue advantage to a competitor by disclosure of proprietary information, the insurer shall have the right to a confidential departmental hearing, on a record, at which the insurer may challenge any determination or action by the commissioner after notification by the commissioner as provided in this section. The insurer shall notify the commissioner of its request for a hearing within five (5) days after the notification by the commissioner under paragraph (a), (b), (c) or (d) of this section. Upon receipt of the insurer’s request for a hearing, the commissioner shall set a date for the hearing, which date shall be no less than ten (10) nor more than thirty (30) days after the date of the insurer’s request. The notifications are as follows: Notification to an insurer by the commissioner of an adjusted RBC report; or Notification to an insurer by the commissioner that: The insurer’s RBC plan or revised RBC plan is unsatisfactory; and Such notification constitutes a regulatory action level event with respect to such insurer; or Notification to any insurer by the commissioner that the insurer has failed to adhere to its RBC plan or revised RBC plan and that such failure has a substantial adverse effect on the ability of the insurer to eliminate the company action level event with respect to the insurer in accordance with its RBC plan or revised RBC plan; or Notification to an insurer by the commissioner of a corrective order with respect to the insurer.
Frequently Asked Questions About Mississippi § 83-5-413
What does Mississippi Code of 1972 Annotated § 83-5-413 cover?
Section 83-5-413 ("Hearings.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 83-5-413?
A common citation format is "Mississippi Code of 1972 Annotated § 83-5-413" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 83-5-413 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.