Acceptance of Payment. For CCSB, monies collected by Agency or Agent from Employers for or on behalf of Covered California shall be made payable to the CCSB and received by Agency or Agent in a fiduciary capacity. Monies collected by Agency or Agent for CCSB shall not be commingled with personal funds of Agent or Agency and shall be remitted to the CCSB by no later than five (5) business days from the day of receipt. Agency and Agent shall only receive payment from employers tendered with a completed initial enrollment application. Agency and Agent shall not receive any subsequent payments.
Appears in 3 contracts
Samples: Scope of Work, Scope of Work, Scope of Work
Acceptance of Payment. For CCSB, monies collected received by Agency or Agent from Employers employers for or on behalf of Covered California shall be made payable to the CCSB Covered California and received by Agent or Agency or Agent in a fiduciary capacity. Monies collected received by Agency or Agent for CCSB shall not be commingled with personal funds of Agent or Agency and shall be remitted to the CCSB Covered California by no later than five (5) business days from the day of receipt. Agency and Agent shall only receive payment from employers tendered with a completed initial enrollment application. Agency and Agent shall not receive any subsequent payments.
Appears in 1 contract
Samples: Non Monetary Agreement
