§ 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.