Oklahoma Administrative Code
Title 810 - Oklahoma Workers' Compensation Commission
Chapter 25 - Workers' Compensation Insurance and Self Insurance
Subchapter 9 - Individual Own Risk Employer Permit
Section 810:25-9-14 - Revocation of permit

Universal Citation: OK Admin Code 810:25-9-14

Current through Vol. 42, No. 1, September 16, 2024

(a) The individual own risk employer permit may be revoked by the Commission at any time upon reasonable notice and hearing, for good cause shown, including, but not limited to: failure to comply with the rules of the Commission; failure to pay compensation when due; and financial impairment of the employer which has or will bring the employer below the minimum net worth requirement of 810:25-9-2.

(b) The employer is expected to secure its workers' compensation obligations at all times as provided by law, notwithstanding the revocation. Failure to do so may subject the employer to sanctions pursuant to 85A O.S., § 40 and enforcement proceedings as provided in Subchapter 7 of this Chapter.

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