The Commissioner may suspend or modify the filing requirement either according to the rules and regulations he/she adopts, or by order, with regard to any type of insurance, subdivision or combination thereof, or with regard to the types of risk for which the rates cannot be practicably filed before they are used, or regarding the types of insurance for which a federal statute does not require such filing. Said orders, rules or regulations shall be made known to the insurers and organizations affected. The Commissioner may carry out any investigations he/she deems convenient to determine whether the rates affected by said order meet the requirements of § 1204(1)(b) [and] (c) of this title.\nHistory —Ins. Code § 12.080; Sept. 6, 2000, No. 382, § 9.
Puerto Rico Legal Code