- (a) Upon approval of an application, a certificate of self-insurance will be issued.
- (b) Except as provided in 8 AAC 46.090(c), a certificate expires 12 months after the certificate's effective date. A certificate applies only to the self-insurer and the self-insurer's subsidiaries named on the self-insurer's application for self-insurance. During the 12 months the certificate is in effect, the board may add new subsidiaries to the certificate or delete subsidiaries upon receipt of a written request from the self-insurer which includes the name and address of each new subsidiary, type of business, and percentage of ownership. The board may request additional information before determining whether to permit a new subsidiary to be added.
(Eff. 11/20/83, Register 88; am 6/20/2010, Register 194)
Authority: AS 23.30.005, AS 23.30.075, AS 23.30.090, AS 44.31.020