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 810:25-9-18 - Former own risk employers; continuing requirements
Universal Citation: OK Admin Code 810:25-9-18
Current through Vol. 42, No. 1, September 16, 2024
(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.
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