- (a) A self-insurer that amends its charter, articles of incorporation, or partnership agreement to change its identity or business structure, or in any other manner materially alters its status as it existed at the time of issuance of its certificate shall, within 30 days after the amendment or other action, notify the director in writing of such action and provide the director with a copy of such amendment or other action.
- (b) A self-insurer that ceases doing business entirely, or ceases doing business in Texas, or disposes of, by sale or otherwise, the controlling interest of the business for which the certificate was issued, shall immediately notify the director in writing of such action and the director will notify the commissioners who will act on the notice pursuant to Texas Civil Statutes, Article 8308-3.65.
- (c) A self-insurer shall give written notice to the director of any change in contact person within 10 working days of this change. The notice shall include the name, title, office address, and telephone number of the new contact person.
- (d) A self-insurer shall give written notice to the director at least 30 days prior to any change in the claims contractor. The notice shall include the name, title, office address, and telephone number of the person or persons appointed to administer both the existing cases and the new cases and the location or locations of records required to be kept and maintained pursuant to Texas Civil Statutes, Article 8308-3.61.
- (e) A self-insurer shall notify the director of any change or expected change which will significantly alter the liability or solvency of the self-insurer within 30 days of the self-insurer's knowledge of the change.
Source Note:The provisions of this §114.13 adopted to be effective January 1, 1993, 17 TexReg 7896.