12 CRR-NY 318.2NY-CRR
12 CRR-NY 318.2
12 CRR-NY 318.2
318.2 Assessment rate.
(a) On the first day of November, 2013 and annually thereafter, the chair shall establish an annual assessment rate. Such rate shall be applicable to policies effective on or after January 1st of the next succeeding calendar year, unless otherwise directed pursuant to section 318.6 of this Part, and shall be applied to a base of standard premium as defined at section 318.4 of this Part. The amounts collected and remitted to the board for assessments will not be considered premium.
(b) The annual rate shall be available upon request and published on the board’s website on or before November 1st of every calendar year.
12 CRR-NY 318.2
Current through June 30, 2021
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.