N.H. Admin. Code § Lab 408.10

Current through Register No. 50, December 12, 2024

Section Lab 408.10 - Return Premiums

The TPA shall hold the return premiums as a fiduciary. The TPA shall retain the return premium in the trust account until remittance to the client is made. Remittance to the client shall occur no later than 45 days from the date the return premium is determined. If the return premium cannot be delivered to the insured entitled thereto, the TPA shall retain the funds. The TPA shall report the unclaimed funds to the State of New Hampshire, in accordance with RSA 471-C.

#7142, eff 11-24-99, EXPIRED: 11-24-07

New. #9878-A eff 2-25-11

Amended by Volume XXXIX Number 28, Filed July 11, 2019, Proposed by #12815, Effective 6/26/2019, Expires 6/26/2029.