(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.
Added at 31 Ok Reg 497, eff 2-4-14 (emergency)
Added at 32 Ok Reg 1493, eff 8-27-15
Amended at 35 Ok Reg 2312, eff 9-14-18