Mich. Admin. Code R. 460.19221
Current through Vol. 24-21, December 1, 2024
Rule 1221. The expense ratio is calculated as follows:
Expense ratio = Operating expenses plus interest on long-term debt Operating revenues
Mich. Admin. Code R. 460.19221
Rule 1221. The expense ratio is calculated as follows:
Expense ratio = Operating expenses plus interest on long-term debt Operating revenues
Mich. Admin. Code R. 460.19221