N.J. Admin. Code § 11:20-8.7

Current through Register Vol. 57, No. 1, January 6, 2025
Section 11:20-8.7 - Failure to file Exhibit K Assessment Report

Failure to file in a timely manner the Exhibit K Assessment Report and certification required by this subchapter shall result in the Board's using the premium set forth in the member's most recent Annual Statements filed with the Department as the premium base to calculate that member's market share allocation of assessments for that calculation period.

N.J. Admin. Code § 11:20-8.7

Amended by R.1994 d.177, effective 3/10/1994.
See: 26 N.J.R. 1294(a), 26 N.J.R. 1509(a).
Amended by R.1998 d.443, effective 8/7/1998.
See: 30 N.J.R. 2581(a), 30 N.J.R. 3289(a).
In (a), inserted "gain" preceding "(loss)" in the introductory sentence.
Amended by R.2003 d.91, effective 1/28/2003.
See: 35 N.J.R. 73(a), 35 N.J.R. 1290(a).
In (a), substituted "the Assessment Report" for "market share and net paid gain (loss) report" in the introductory paragraph.
Amended by R.2006 d.15, effective 1/3/2006.
See: 37 N.J.R. 2994(a), 38 N.J.R. 311(a).
Rewrote the section; section was "Penalties for failure to file market share and net paid loss report".
Amended by R.2011 d.163, effective 6/6/2011.
See: 43 N.J.R. 131(a), 43 N.J.R. 1353(a).
Deleted designation (a); and substituted "certification" for "certifications" and "for that calculation period" for "for reimbursement of losses and minimum number of non-group persons".