054.00.54-12. ASSIGNMENT FORMULA
AR ADC 054.00.54-12Arkansas Administrative Code
Ark. Admin. Code 054.00.54-12
054.00.54-12. ASSIGNMENT FORMULA
The Plan Administrator shall develop and provide to the Commissioner detailed procedures for the equitable distribution of employers under this Plan to servicing carriers. These procedures shall provide for the random distribution of employers based on the amount of estimated premium in the Plan, so far as practicable. The procedures shall also define those circumstances where the Plan Administrator will have the discretion to override the random selection process and shall account for the variations necessitated by the “striking procedure” set forth at Section 6 hereinabove.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 054.00.54-12, AR ADC 054.00.54-12
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