§ 85A-29. Fees.
Latest version.
-
A. Each carrier writing compensation insurance in this state shall pay to the Commission at the time of securing a license to transact business in this state One Thousand Dollars ($1,000.00) for the privilege of qualifying with the Commission for the writing of compensation insurance.
B. Each self-insurer shall pay to the Commission One Thousand Dollars ($1,000.00) at the time it is approved to self-insure the obligations under this act.
C. The Commission may assess third-party administrators an annual fee of One Thousand Dollars ($1,000.00).
D. Fees required pursuant to this section shall be deposited into the Workers' Compensation Fund.
Added by Laws 2013, c. 208, § 29, eff. Feb. 1, 2014.