58-33-21. Reduced rate permitted for life or health insurance policies or annuity contracts on payroll deduction plan. Nothing in §§ 58-33-14 and 58-33-15 shall be construed as including within the definition of discrimination or rebates, issuing life or health insurance policies or annuity contracts on a salary savings or payroll deduction plan or other distribution plan at reduced rate reasonably commensurate with the savings made by the use of such plan.
Source: SL 1966, ch 111, ch 13, § 15 (5).
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