Sec.38a-41-4. Procedure

(1) As far as practicable, all applicants having been assigned a sequential order respecting their application will have their submission reviewed in that serial order.

(2) Applicants must keep filing current. Any amendments to constituent documents on file must be timely dated.

(3) Any applications whose application is rejected as a result of a review who reapplies will be assigned a new sequential order respecting its application as provided above.

(4) Any applicant whose application is rejected is entitled to a hearing.

(5) Any applicant whose application has been rejected other than as provided in subdivision (6) of this section or who has withdrawn its application may not reapply for a certificate of authority until a minimum of two years has expired. For good cause shown, such waiting period may be waived by the commissioner.

(6) Any applicant after written notice by the insurance department that its application is incomplete or has not been made current shall have its application rejected if the deficiency in the application is not corrected within 30 days of notification.

(Effective November 25, 1992; Amended March 10, 2003)