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Code · STATUTE-COMPILATIONS · Terrorism Risk Insurance Extension Act of 2005 · Sec. 4

Sec. 4. INSURED LOSS SHARED COMPENSATION

96 words·~1 min read·/statute-compilations/comps-17663/sec-4

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## SEC. 4 INSURED LOSS SHARED COMPENSATION Section 103(e) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note; 116 Stat. 2328) is amended— ####
(1)in paragraph (1)— #####
(A)by inserting “through Program Year 4” before “shall be equal”; and #####
(B)by inserting “, and during Program Year 5 shall be equal to 85 percent,” after “90 percent”; and ####
(2)in each of paragraphs
(2)and (3), by striking “Program Year 2 or Program Year 3” each place that term appears and inserting “any of Program Years 2 through 5”.
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  • 116 Stat. 2328
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Sec. 4
INSURED LOSS SHARED COMPENSATION
Stat.116 Stat. 2328
Cites 2Cited by 0 across 0 sources
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