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New Jersey Statutes, Title: 17B, INSURANCE
Chapter 27a:
Section: 17B:27a-66: Filing of net written premiums.
2. a. An entity subject to this act shall annually file with the commissioner its net written premiums for the preceding year, no later than April 1 of each year.
b. The commissioner shall calculate and issue to the entity a certified assessment, which shall be 2.5\% of the entity's net written premiums.
c. An entity shall annually pay the assessment issued pursuant to subsection b. of this section to the State Treasurer no later than May 1 of each year, as prescribed by the commissioner.
d. If the commissioner determines that the amount of the assessment calculated pursuant to this section shall reduce the State's total revenue, the commissioner may reduce the assessment.
L.2020, c.61, s.2.
This section added to the Rutgers Database: 2020-08-11 11:40:53.
Older versions of 17b:27a-66 (if available):
Court decisions that cite this statute:
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