TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER l: PROVISIONS APPLICABLE TO ALL COMPANIES
PART 912 COMMISSION ACCOUNTING FOR DIRECT PREMIUM
SECTION 912.50 FINANCIAL REPORTING OF THE MANDATORY COMMISSION RESERVE


 

Section 912.50  Financial Reporting of the Mandatory Commission Reserve

 

Where a company is required to provide a Mandatory Commission Reserve it shall report such charges in its financial statements as an operational charge.