(1) Each owner providing the equivalent security shall:
- (a) Complete and have notarized and file an application obtained from and approved by the department.
- (b) File an application for approval each year.
- (c) Submit a detailed report to the department within 15 days after each accident for which benefits are claimed under this act, and
- (d) Be subject to the same requirements and entitled to the same privileges as provided for insurance companies.
- (e) Maintain a fleet of not less than 25 vehicles.
- (2) In lieu of the foregoing, an owner may supply a certified copy of the Decision to Grant Self-Insurance from the Interstate Commerce Commission.
KEY: self insurance plans
Date of Last Change: 1992
Notice of Continuation: December 9, 2025
Authorizing, and Implemented or Interpreted Law: 41-12a-201; 41-12a-406; 41-12a-407