(b) Each member insurer shall participate in the association in the proportion that its net direct written premiums during the preceding calendar year, as reported in the annual statements and other reports filed by the member with the commissioner, bear to the aggregate net direct premiums written in this state by all members of the association.
(c) The association shall perform its functions under a plan of operation approved by the commissioner under section nine of this article.
Note: WV Code updated with legislation passed through the 2015 Regular Session
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