Section 379.505

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 379

Effective - 28 Aug 1947   

  379.505.  Hearings on orders — notice — rules of pleading and evidence — review — effective date of order. — 1.  Any insurer or rating organization aggrieved by any order or decision of the director made without a hearing, may, within thirty days after notice of the order to the insurer or organization, make written request to the director for a hearing thereon.

  2.  The director shall hear such party or parties within twenty days after receipt of such request and shall give not less than ten days' written notice of the time and place of the hearing.

  3.  Within fifteen days after such hearing the director shall affirm, reverse or modify his previous action, specifying his reasons therefor.  Pending such hearing and decision thereon the director shall suspend the effective date of his previous action.

  4.  Nothing contained in sections 379.420 to 379.510 shall require the observance at any hearing of formal rules of pleading or evidence.

  5.  Any order, rule or decision of the director under sections 379.420 to 379.510 shall be subject to review by the courts of this state as provided in chapter 536.

  6.  No order, rule or decision of the director which is submitted for judicial review may become effective until after final action or decision by the court, but if approved or affirmed by the court, such order, rule or decision shall relate back to the date of its making by the director.

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(L. 1947 V. II p. 254 § 8)