2006 Louisiana Laws - RS 22:1301.1 — Examination of self-insured worker\'s compensation insurance program

§1301.1.  Examination of self-insured worker's compensation insurance program

A.  Every provider of a self-insured worker's compensation insurance program pursuant to R.S. 23:1191 shall apply for a certificate of authority.

B.  Upon receipt of the application for a certificate of authority, the commissioner of insurance shall cause an initial examination to be made of the corporation.  If, in the opinion of the commissioner of insurance, the examination shows the corporation to be duly organized and to have complied with all requirements of this Code, he shall notify the applicant and issue a certificate of authority to the corporation, upon payment of the fee stipulated in R.S. 22:1078(B)(13).  

C.  Existing programs of self-insured worker's compensation shall make application within ninety days from the effective date of this Section.

D.  Providers of self-insured worker's compensation insurance programs pursuant to R.S. 23:1191, operating on the effective date of this Section are exempt from the provisions of R.S. 22:1078(B)(13).  

Added by Acts 1983, 1st Ex. Sess., No. 18, §2.