ARM 24.29.907

ARM 24.29.907. BILLING AND PAYMENT OF THE ADMINISTRATION FUND ASSESSMENT

SupersededLast amended: 2004Length: 107 wordsOfficial source

Cite as Mont. Admin. R. 24.29.907

(1) In calculating the administration fund assessment the department shall: (a) deduct any outstanding credits a plan No. 1 insurer may have to arrive at the final amount due from that insurer; (b) deduct any outstanding credits the plan No. 3 insurer may have for old fund claims to arrive at the final amount due with respect to old fund claims; or (c) deduct the aggregate of any outstanding credits that plan No. 2 insurers and that the plan No. 3 insurer (with respect to plan No. 3 new fund claims) may have to arrive at the final amount due via the administration fund assessment premium surcharge.
ARM 24.29.907: ARM 24.29.907. BILLING AND PAYMENT OF THE ADMINISTRATION FUND ASSESSMENT | Justis AI