La. Admin. Code tit. 37 § IX-117
Current through Register Vol. 50, No. 11, November 20, 2024
Section IX-117 - Limit of Self-Insurance FundA. The maximum amount necessary to sustain the self-insurance fund is $10,000,000. When the self-insurance fund has $10,000,000 available for payment of claims, no further fees or assessment will be collected until said fund is reduced by payment of claims or as otherwise provided for herein, provided that every participant in the fund shall have paid fees into the fund for a minimum of 15 years before any such suspension of fees are applicable to said participant.La. Admin. Code tit. 37, § IX-117
Promulgated by the Department of Agriculture, Office of Agro-Consumer Services, LR 13:234 (April 1987).AUTHORITY NOTE: Promulgated in accordance with R.S. 3:3410.1 and R.S. 3:3405.