Effective date: 12/27/1995
(1) Premium assessments shall be paid within thirty days from date of invoice/billing, or coverage may be suspended by reasonable notice.
(2) In the event budgeted funds are not adequate to pay all claims for the current budget year, the Division of Risk Management may submit an interim premium assessment to the agency during the fiscal year in which the deficit occurs and the additional charge will be payable on receipt of invoice.
Rulemaking authorized by Florida Statutes § 284.17. Implements Florida Statutes § 284.01. History—New 7-29-72, Formerly 4-29.02, 4-29.002, Amended 1-7-92, 12-27-95, Formerly 4H-1.002.