2005 Idaho Code - 72-917 — READJUSTMENT OF PAYROLLS

                                  TITLE  72
                      WORKER'S COMPENSATION AND RELATED
                        LAWS -- INDUSTRIAL COMMISSION
                                  CHAPTER 9
                             STATE INSURANCE FUND
    72-917.  READJUSTMENT OF PAYROLLS. If the amount of premium collected from
any employer at the beginning of any period is ascertained by using the
estimated expenditure of wages for the period of time covered by such premium
payment as a basis, and adjustment of the amount of such premium shall be made
at the end of such period and the actual amount of such premium shall be
determined in accordance with the amount of the actual expenditure of wages
for such period; and if such wage expenditure for such period is less than the
amount of which such estimated premium was collected, such employer shall be
entitled to receive a refund from the state insurance fund of the difference
between the amount so paid by him and the amount so found to be actually due,
or to have the amount of such difference credited on succeeding premium
payments at his option; and if such actual premium, when so ascertained,
exceeds in amount a premium so paid by such employer at the beginning of such
period, such employer shall immediately upon being advised of the true amount
of such premium due forthwith pay to the manager an amount equal to the
difference between the amount actually found to be due and the amount paid by
him at the beginning of such period, for deposit in the state insurance fund.