R590-157-4. Stamping Fee Amounts

(1) Pursuant to Subsection 31A-15-103(11)(d), the stamping fee for the examination of a surplus lines transaction is 0.18% of the policy premium payable. (2) A late surplus lines stamping fee payment may be subject to late fees of: (a) 25% of the stamping fee due; (b) 1.5% per month from the time of default until the stamping fee is paid in full; and (c) a minimum of $10 if the amounts in Subsections (2)(a) and (2)(b) total less than $10. (3) A courtesy filing fee may not be included as a surplus lines premium when computing premium taxes and stamping fees.