New Hampshire Code of Administrative Rules
Lab - Commissioner, Department of Labor
Chapter Lab 400 - WORKERS' COMPENSATION SELF-INSURANCE
Part Lab 408 - REGULATION OF THIRD PARTY ADMINISTRATORS
Section Lab 408.10 - Return Premiums
Universal Citation: NH Admin Rules Lab 408.10
Current through Register No. 12, March 21, 2024
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
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