N.J. Admin. Code § 11:20-2.18

Current through Register Vol. 56, No. 11, June 3, 2024
Section 11:20-2.18 - Minimum assessment

If the total amount of a member's assessment invoice would be less than $ 5.00, the member shall not be liable for that amount and that amount shall be reapportioned pursuant to N.J.A.C. 11:20-2.12. This provision shall apply to an invoice for administrative expenses issued pursuant to N.J.A.C. 11:20-2.12.

N.J. Admin. Code § 11:20-2.18

New Rule, R.2006 d.15, effective 1/3/2006.
See: 37 N.J.R. 2994(a), 38 N.J.R. 311(a).
Amended by R.2009 d.45, effective 12/29/2008.
See: 40 N.J.R. 6904(a), 41 N.J.R. 799(b).
Substituted "$ 10.00 in the case of either a loss assessment or both a loss assessment and an administrative assessment, or less than $ 5.00 in the case of an administrative assessment only" for "$ 20.00".
Amended by R.2011 d.163, effective 6/6/2011.
See: 43 N.J.R. 131(a), 43 N.J.R. 1353(a).
Deleted "$ 10.00 in the case of either a loss assessment or both a loss assessment and an administrative assessment, or less than" preceding "5.00", "only" following the fifth occurrence of "assessment", and "and 2.17 as appropriate" following the first occurrence of and ", an invoice for reimbursable net paid losses issued pursuant to N.J.A.C. 11:20-2.17, or a combined invoice for both administrative expenses and net paid losses" following the second occurrence of "N.J.A.C. 11:20-2.12".
Amended by R.2018 d.197, effective 6/12/2018.
See: 50 N.J.R. 1412(a), 50 N.J.R. 2329(a).
Deleted "in the case of an administrative assessment" following "$ 5.00".