2014 Oklahoma Statutes
Title 85A. Administrative Workers' Compensation System
§85A-207. Collection of fee - Penalty.
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.
Disclaimer: These codes may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.