- (1) It is declared that the public welfare is served by the making of advisory premium rates for workers' compensation insurance coverage in concert.
(2) It is the purpose of this part to:
- (a) authorize such ratemaking in concert and the operating of rating organizations thereto; and
- (b) establish the general bases and standards for the making of such rates.
History: En. Sec. 1, Ch. 329, L. 1969; amd. Sec. 3, Ch. 558, L. 1977; R.C.M. 1947, 40-5601.