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Charter Fee Increase Announcement

Effective Jan. 1, 2013, what is now known as the "unit charter fee" will be renamed the "unit liability insurance fee" and will increase in cost from $20 to $40 yearly.

As a result, the new fee will begin with units that have December 31, 2012 charter expiration dates (a charter period beginning Jan. 1, 2013).

More on the Charter Fee Increase

October 4, 2012