Source: http://www.law.cornell.edu/uscode/text/42/4054?qt-us_code_tabs=2
Timestamp: 2014-08-31 02:20:23
Document Index: 299748679

Matched Legal Cases: ['§ 4054', '§ 4054', '§ 4054', '§ 1334', '§ 111', '§ 451', '§ 100238', '§ 40542012112']

42 U.S. Code § 4054 - Premium equalization payments; basis; aggregate amount; establishment of designated periods | LII / Legal Information Institute
U.S. Code › Title 42 › Chapter 50 › Subchapter II › Part A › § 4054 42 U.S. Code § 4054 - Premium equalization payments; basis; aggregate amount; establishment of designated periods
The Administrator, on such terms and conditions as he may from time to time prescribe, shall make periodic payments to the pool formed or otherwise created under section 4051 of this title, in recognition of such reductions in chargeable premium rates under section 4015 of this title below estimated premium rates under section 4014
(a)(1) of this title as are required in order to make flood insurance available on reasonable terms and conditions.
Designated periods under this section and the methods for determining the sum of premiums paid or payable during such periods shall be established by the Administrator.
(Pub. L. 90–448, title XIII, § 1334,Aug. 1, 1968, 82 Stat. 583; Pub. L. 93–234, title I, § 111,Dec. 31, 1973, 87 Stat. 981; Pub. L. 98–181, title I[title IV, § 451(d)(1)], Nov. 30, 1983, 97 Stat. 1229; Pub. L. 112–141, div. F, title II, § 100238(b)(1),July 6, 2012, 126 Stat. 958.)
1973—Subsecs. (b), (c). Pub. L. 93–234redesignated subsec. (c) as (b) and struck out former subsec. (b) prescribing formula for sharing losses between Government and industry and permit necessary flexibility in loss sharing to take into account longer-term loss experience trends and to compensate for lack of precision in actuarial computations.
42 USCDescription of ChangeSession YearPublic LawStatutes at Large § 40542012112-141 [Sec.] 100238(b)(1)126 Stat. 958 LII has no control over and does not endorse any external Internet site that contains links to or references LII.