Sec. 3. Cap on overall rate of return for crop insurance providers

77 words·~1 min read·/bill/113/hr/1995/ih/section-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 508(k)(3) of the Federal Crop Insurance Act ( 7 U.S.C. 1508(k)(3) ) is amended— by designating paragraph

(3)as subparagraph

(A)(and adjusting the margin two ems to the right); by inserting before subparagraph

(A)(as so designated) the following: ; and by adding at the end the following new subparagraph: The target rate of return for all the companies combined for the 2013 and subsequent reinsurance years shall be 12 percent of retained premium. .

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U.S. Code

Crop insurance
§ 1508

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Sec. 3

Cap on overall rate of return for crop insurance providers

U.S.C.§ 1508

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