Section 0780-01-83-.14 - SURRENDER OF CERTIFICATE OF AUTHORITY(1) An Employer may surrender its Certificate of Authority to self-insure at any time with the approval of the Commissioner. The Commissioner shall not grant the request of any Employer to surrender its Certificate of Authority until such time as the Employer has demonstrated to the Commissioner's satisfaction that it has established an adequate program to pay all incurred losses, including unreported losses, that arise out of accidents or occupational diseases first distinctly manifested during the period of self-insurance.(2) An Employer whose Certificate of Authority has been revoked, suspended, surrendered or otherwise terminated is not relieved of the obligation for compensation to an Employee for any compensable injury that occurred during the period of self-insurance.Tenn. Comp. R. & Regs. 0780-01-83-.14
Original rule filed August 11, 2005; effective October 25, 2005.Authority: T.C.A. §§ 50-6-405(b)(8) and 50-6-405(h).