After conducting the corresponding actuarial studies, the Corporation shall determine the tariffs to be used as basis to compute the insurance premiums to be paid by the insured cooperatives. With the approval of the Board, the corporation may establish uniform or variable tariff rates according to the exposure to risks of each insured cooperative, by factors such as credit, types of investments, delinquency, liquidity, maximum limits of insured shares and deposits or any others that could affect the solvency of the insured cooperatives. The tariff rates shall be used to compute the annual premium, as provided by this chapter. The tariff rates may vary from 0.05 percent to 0.2 percent of the total capital and insured deposits. The Board may determine higher tariff rates, provided there are actuarial studies to support them. History —Aug. 17, 2001, No. 114, § 23. After conducting the corresponding actuarial studies, the Corporation shall determine the tariffs to be used as basis to compute the insurance premiums to be paid by the insured cooperatives. With the approval of the Board, the corporation may establish uniform or variable tariff rates according to the exposure to risks of each insured cooperative, by factors such as credit, types of investments, delinquency, liquidity, maximum limits of insured shares and deposits or any others that could affect the solvency of the insured cooperatives. The tariff rates shall be used to compute the annual premium, as provided by this chapter. The tariff rates may vary from 0.05 percent to 0.2 percent of the total capital and insured deposits. The Board may determine higher tariff rates, provided there are actuarial studies to support them. History —Aug. 17, 2001, No. 114, § 23.
Puerto Rico Legal Code