HERBERT R. O'CONOR, GOVERNOR. 1393

rating systems comply with the standards set forth in Sub-
section 2. In promulgating such rules and plans, the Commis-
sioner shall have due regard for the rating systems, approved
by him and, in order that such rules and plans may be as uni-
form as is practicable, to the rules and to the form of the plans
used in other states. The Commissioner may designate one or
more rating organizations or other agencies to gather and com-
pile such experience.

(b) (Interchange of Eating Plan Data. ) Reasonable rules
and plans may be promulgated by the Commissioner, after con-
sultation or offer of consultation with all insurers and rating
organizations affected thereby, for the interchange of loss ex-
perience necessary for the application of rating plans.

(c) (Consultation with Other States. ) In order to further
uniform administration of rating laws, the Commissioner and
every insurer and rating organization may exchange informa-
tion and experience data with insurance supervisory officials,
insurers and rating organizations in other states and may con-
sult and cooperate with them with respect to rate-making and
the application of rating systems.

(d) (Rules and Regulations. ) The Commissioner may make
reasonable rules and regulations necessary to effect the pur-
poses of this Act.

9. (False or Misleading Information. ) No person or organi-
zation shall knowingly give false or misleading information to
the Commissioner, to any insurer, or to any rating organiza-
tion, which will in any manner affect the proper determination
of rates or premiums.

10. (Penalties. ) The Commissioner may, if he finds that
any person or organization has violated any provision of this
Act, impose a penalty of not more than $250 for each such viola-
tion but, if he finds such violation to be wilful, he may impose a
penalty of not more than $1, 000 for each such violation. Such
penalties may be in addition to any other penalty provided by
law.

The Commissioner may suspend the license of any rating
organization or insurer which fails to comply with an order of
the Commissioner within the time limited by such order, or any
extension thereof which the Commissioner may grant. The
Commissioner shall not suspend the license of any rating
organization or insurer for failure to comply with an order
until the time prescribed for an appeal therefrom has expired
or, if an appeal has been taken, until such order has been
affirmed. The Commissioner may determine when a suspen-
sion of license shall become effective and it shall remain in
effect for the period fixed by him, unless he modifies or rescinds