59A-47-19: Limitation upon acquisition and administration expenses.
Where this section sits in the code
- Chapter 59A - Insurance Code
- ARTICLE 47 Nonprofit Health Care Plans
No health care plan shall during any one calendar year incur expense for acquisition of its business more than ten percent of its premium income earned during that year; nor incur during any such year for expense of administration more than twenty percent of such earned premiums.
Collected 2026-09-03T15:02:20Z. Source file · JSON