West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-34 - Filing Fees For Purchasing Groups And For Risk Retention Groups Not Chartered In this State
Section 114-34-1 - General

Universal Citation: 114 WV Code of State Rules 114-34-1

Current through Register Vol. XLI, No. 38, September 20, 2024

1.1. Scope. -- This legislative rule implements the provisions of W. Va. Code ''33-32-17 and 33-32-4 relating to all purchasing groups, and to risk retention groups not chartered in this State. The rule establishes the amounts of registration fees to be paid by both types of entities, as well as the amounts of annual financial statement filing fees to be paid by these risk retention groups. It also provides for increases in the fees for risk retention groups chartered in other jurisdictions that impose higher analogous fees on risk retention groups domiciled in West Virginia.

1.2. Authority. -- W. Va. Code ''33-2-10, 33-32-4 (f), and 33-32-17(e)

1.3. Filing Date. -- April 27, 1994

1.4. Effective Date. -- April 27, 1994

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