SECTION 365:40-5-56. Small claim waivers

Latest version.

Carriers shall waive the investigation of possible other coverage for COB purposes on claims less than fifty dollars ($50), but if additional liability is incurred to raise the small claim above fifty dollars ($50), the entire liability may be included in the COB computation.

[Source: Added at 21 Ok Reg 77, eff 11-1-03 (emergency); Added at 21 Ok Reg 1672, eff 7-14-04]

                    
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