58-33-20. Reduction of premium rate permitted for large policies. Nothing in §§ 58-33-14 and 58-33-15 shall be construed as including within the definition of discrimination or rebates, reduction of premium rate for policies of large amount but not exceeding savings in issuance and administration expenses reasonably attributable to such policies as compared with policies of similar plan issued in smaller amounts.
Source: SL 1966, ch 111, ch 13, § 15 (4).
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