Contracts between the purchasing alliance and participating carriers shall specify how all premiums will be transmitted, and penalties and grace periods for payments.
(Added by Stats. 1996, Ch. 916, Sec. 1. Effective January 1, 1997.)
Section 10860
Ins. Code § 10860, under Contracts with Employers, Small Employers, and Participating Carriers.
Ins. Code § 10860