N.Y. Comp. Codes R. & Regs. Tit. 12 §§ 302-1.7

Current through Register Vol. 46, No. 45, November 2, 2024

Section 302-1.7 - License fees and bonds

(a) Licenses and authorizations shall be issued for terms of up to three years.

(b) The fee for a license with fee under section 24-a, a license under section 50(3-b) or (3-d), or an authorization under section 50(3-d) shall be $100 per year, payable to the chairman of the board. Upon application for such license or authorization, a fee of $100 shall be payable. If the license or authorization is granted, the application fee shall be applied toward the payment of the license or authorization fee. The balance of the license or authorization fee, if any, shall be payable upon the granting of the license or authorization.

(c) A surety bond in form prescribed by the chairman in the sum of $5,000 per year shall be filed by each applicant for a license to represent self-insured employers.

N.Y. Comp. Codes R. & Regs. Tit. 12 §§ 302-1.7