2014 Oklahoma Statutes
Title 85A. Administrative Workers' Compensation System
§85A-207. Collection of fee - Penalty.

85A OK Stat § 85A-207 (2014) What's This?

A. It shall be the duty of the Workers' Compensation Commission to collect a fee from every self-insured employer at a rate to be determined as provided by Section 115 of this act but not to exceed three percent (3%) of the written premium which would have to be paid under Section 113 of this act by a carrier if the self-insured employer were insured by a carrier.

B. If the fee provided for under this section is not paid within thirty (30) days of the date provided in Section 115 of this act, there shall be assessed a penalty for each thirty (30) days the amount so assessed remains unpaid which is equal to ten percent (10%) of the unpaid amounts and which shall be collected at the same time as a part of the fee assessed.

Added by Laws 2013, c. 208, § 114, eff. Feb. 1, 2014.

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