CompSource Oklahoma's Board of Managers approved an adjustment of rates on certain job classification codes for new and renewal policies effective on or after August 1, 2007 (12:01 a.m.). Adjustments are based upon the past loss experience of each job classification code. Therefore, while certain job classification codes may have a rate decrease, others may increase or remain unchanged. In addition, CompSource Oklahoma adopted new payroll limitations to be applicable on new and renewal business with effective dates on or after August 1, 2007. These changes are as follows: For covered Sole Proprietors, Partners and Limited Liability Members, the payroll limitation is changed to $30,000 annually. For covered Executive Officers, the payroll limitations are changed to a minimum of $15,600 annually and a maximum of $119,600.