11 NCAC 16 .0501. MINIMUM INCURRED LOSS RATIO

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The premium rates charged for credit unemployment insurance shall be reasonable in relation to the benefits provided as indicated by a minimum annual incurred loss ratio of 60%.

History Note: Authority G.S. 58-2-40; 58-57-110(a);

Eff. January 1, 1994;

Amended Eff. November 1, 2011.

                    
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