Welcome, Guest.
Please login or register.
sounds like health insurance
Rotterdam NY...the people's voice    Rotterdam's Virtual Internet Community    New York State  ›  sounds like health insurance Moderators: Admin
Users Browsing Forum
No Members and 69 Guests

sounds like health insurance   This thread currently has 827 views. |
1 Pages 1 Recommend Thread
senders
December 11, 2014, 5:04pm Report to Moderator
Hero Member
Posts
29,348
Reputation
70.97%
Reputation Score
+22 / -9
Time Online
1574 days 2 hours 22 minutes
Quoted Text
ยง9110. Motor vehicle law enforcement fee
(a) Every insurance company authorized to do business in this state shall annually collect, in addition to
the applicable premium charge, a motor vehicle law enforcement fee charged to each holder of a
policy issued in the state or for delivery in the state for motor vehicle liability insurance coverage.
(b) The annual fee is hereby imposed at the rate of ten dollars per insured motor vehicle registered
pursuant to the provisions of paragraph B of subdivision one of section four hundred one of the vehicle
and traffic law. Provided, however, that such fee shall be reduced by fifty percent per insured motor
vehicle registered pursuant to the provisions of paragraph B of subdivision one of section four hundred
one of the vehicle and traffic law where a policy issued in the state or for delivery in the state for
motor vehicle liability insurance coverage is for a term of six months or less. Such fee will be paid
monthly by insurance companies to the superintendent on or before the fifteenth of the month next
succeeding the month in which such collections are received.
(c) On or before the fifteenth day of February of each year, every insurance company required to
collect a fee imposed by this section shall file with the superintendent an annual statement in a
manner the superintendent shall prescribe reporting the number and type of insured motor vehicles
and the aggregate fees collected during the immediately preceding year.
(d) In case any such company shall neglect or refuse to make and file such statement or pay over
moneys collected from the fee imposed by this section the provisions of section nine thousand one
hundred nine of this article shall apply.
(e) All moneys received by the superintendent which are collected from policyholders of insurance on
motor vehicles subject to the provisions of paragraph a of subdivision six of section four hundred one of
the vehicle and traffic law shall be paid by the tenth day of the month following receipt of such
collections in the following manner:
(1) Each fiscal year, the first four million seven hundred thousand dollars shall be paid to the motor
vehicle theft and insurance fraud prevention fund established pursuant to section eighty-nine-D of the
state finance law.
(2) All remaining moneys shall be paid to the state police motor vehicle law enforcement account
established pursuant to section ninety-seven-MM of the state finance law.
(f) Each fiscal year, the first four million seven hundred thousand dollars received by the
superintendent which are collected from policyholders of insurance on all other motor vehicles shall be
paid to the motor vehicle theft and insurance fraud prevention fund established pursuant to section
eighty-nine-d of the state finance law. After four million seven hundred thousand dollars has been
collected additional moneys received by the superintendent which are collected from policyholders of
insurance on all other motor vehicles shall be paid to the state police motor vehicle law enforcement
account established pursuant to section ninety-seven-mm of the state finance law until the state police
motor vehicle law enforcement account has received from all sources a total of sixty million four
hundred thousand dollars, whereupon any such further additional moneys shall be paid to such motor
vehicle theft and insurance fraud prevention fund.
(g) The fees imposed by this section shall be applicable to motor vehicles insured under policies issued
or renewed on or after July first, nineteen hundred ninety-two.


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

Logged Offline
Private Message
Shadow
December 11, 2014, 6:14pm Report to Moderator
Hero Member
Posts
11,107
Reputation
70.83%
Reputation Score
+17 / -7
Time Online
448 days 17 minutes
More money to be wasted through theft and fraud.
Logged
Private Message Reply: 1 - 1
1 Pages 1 Recommend Thread
|

Rotterdam NY...the people's voice    Rotterdam's Virtual Internet Community    New York State  ›  sounds like health insurance

Thread Rating
There is currently no rating for this thread