N.Y. Comp. Codes R. & Regs. tit. 4 § 74.7

Current through Register Vol. 46, No. 25, June 18, 2024

Section 74.7 - Payments to dental insurance fund

(a) The total contributions required to insure covered employees for any calendar month shall be due and payable by the chief fiscal officer of the participating employer to the dental insurance fund on the 10th day of the coverage month.

(b) Each such payment by a participating employer shall be accompanied by an appropriate form prescribed by the president.

(c) No monies in the dental insurance fund, other than the sums received therefor from the participating employer shall be committed, encumbered, or advanced to pay for the coverage of the employees of such participating employer.

(d) The sums due on the 10th day of any month must be paid to the dental insurance fund by the end of that month; and if not so paid, the president may determine that the participating employer is in default and coverage of the employees of such participating employer shall terminate at the end of the last month for which payments were made. However, the president may authorize the reinstatement of coverage of the employees of the participating employer upon payment of all overdue amounts.

N.Y. Comp. Codes R. & Regs. Tit. 4 § 74.7