Ga. Comp. R. & Regs. R. 120-2-14-.07 - Participation in the Plan
(1) Each subscriber shall pay a minimum
annual fee of $25.00 and a Plan Fee of $25 and the basis used for distribution
of risks under Distribution and Assignments of Applicants section of the
approved Plan shall be used as the basis of apportionment of all expenses
incurred in excess of the minimum fee except that credits allowed to reduce
assignments shall not be considered in the apportionment of expenses.
(2) The Committee may abate or defer in whole
or in part the assignment of risks to a subscriber for good cause. When such
action is contemplated, the Commissioner shall be promptly notified prior to
the intended action being effective.
(3) Each subscriber shall fully participate
in the Plan, comply with paragraphs (1) and (2) above and comply with all rules
and procedures of the Plan and guidelines of the Committee, as a condition of
their authority to transact or continue to transact insurance in
Georgia.
Notes
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