Okla. Admin. Code § 810:25-9-18

Current through Vol. 42, No. 8, January 2, 2025

Section 810:25-9-18 - Former own risk employers; continuing requirements

(a) A former individual own risk employer remains responsible for:

(1) Paying all workers' compensation obligations incurred during its period as an approved individual own risk employer;

(2) Reporting its workers' compensation losses on an annual basis to the Commission, in a manner prescribed by the Commission;

(3) Paying Self Insurance Guaranty Fund assessments as provided in 85A O.S., § 98; and

(4) Maintaining an adequate security deposit with the Commission.

(b) A former individual own risk employer is not liable for Multiple Injury Trust Fund assessments for periods beyond the last quarter in which it was an active own risk employer.

Okla. Admin. Code § 810:25-9-18

Adopted by Oklahoma Register, Volume 32, Issue 23, August 17, 2015, eff. 8/27/2015

Amended by Oklahoma Register, Volume 35, Issue 24, September 4, 2018, eff. 9/14/2018