The premium rates charged for credit unemployment insurance shall be reasonable in relation to the benefits provided as indicated by a minimum annual incurred loss ratio of 60%.

History Note: Authority G.S. 58-2-40; 58-57-110(a);
Eff. January 1, 1994;
Amended Eff. November 11, 2011;
Readopted Eff. October 1, 2018.