 |
California Law (Last Updated: March 4, 2014) |
 |
Insurance Code - INS |
|
Division 1. GENERAL RULES GOVERNING INSURANCE |
|
Part 2. THE BUSINESS OF INSURANCE |
|
Chapter 1. General Regulations |
|
ARTICLE 4.7. Multiple Employer Welfare Arrangements |
Section 742.39.
-
The commissioner shall require the payment of three thousand five hundred dollars ($3,500) in advance as a fee for filing an application for each certificate of compliance. Notwithstanding Section 742.36, each holder of a certificate of compliance of indefinite term shall owe and pay an annual fee of two hundred eighty-three dollars ($283) in advance on account of the certificate until final expiration. In addition, each holder of a certificate of compliance of indefinite term shall owe and pay an annual fee of two hundred eighty-one dollars ($281) for filing of financial information. These fees shall be for annual periods commencing on July 1 of each year and ending on June 30 of each year, and shall be due on each March 1 and be delinquent on and after April 1.