Statutes, codes, and regulations
West Virginia Administrative Code
Agency 114 - Insurance CommissionTitle 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-34 - Filing Fees For Purchasing Groups And For Risk Retention Groups Not Chartered In this State
Section 114-34-4 - Retaliatory Fee Increases for Risk Retention Groups Not Chartered in this State

W. Va. Code R. § 114-34-4

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Current through Register Vol. XLI, No. 50, December 13, 2024
Section 114-34-4 - Retaliatory Fee Increases for Risk Retention Groups Not Chartered in this State

As provided in W. Va. Code '33-3-16(a), when another state charges a higher fee to West Virginia-domiciled risk retention groups than a fee set in Section 2 or 3 of this rule, a risk retention group chartered in that state and doing business or seeking to do business in West Virginia shall remit to the Insurance Commissioner the higher fee equivalent to the registration fee or annual statement filing fee, or its counterpart, which the other state charges to West Virginia- domiciled risk retention groups.

W. Va. Code R. § 114-34-4