631 IAC 1-1-29 Self-insurers; application for certification

Sec. 29. Any employer, other than those excepted in IC 22-3-2-5, desiring a certificate of financial ability to pay compensation directly without insurance shall file with the board, upon the form prescribed by the board, an application for the certificate and shall furnish therein all the information required. The employer shall certify to the board that it has adequate facilities for making necessary accident reports, executing compensation agreements and other necessary documents for the handling of worker's compensation matters and that it has placed in charge of this work a person or persons within the state familiar with the Indiana worker's compensation act (IC 22-3-2 through IC 22-3-6) and the Indiana worker's occupational diseases act (IC 22-3-7) and the rules of the board. Failure of such employer to timely fulfill its obligations under these laws may result in revocation of its certificate.