140 IAC 1-7-2 - Requests for self-insurance; issuance of self-insurance certificate and number; certificate renewal
Authority: IC 9-14-8-3
Affected: IC 9-25
Sec. 2.
(a) Any
person applying to qualify as a self-insurer for the first time must file the
person's request for approval for self-insurance with the bureau at least
thirty (30) days prior to the date that the applicant wants the self-insurance
to be in effect. This request for self-insurance must include the following:
(1) The name and address of the person
requesting to be self-insured and the name and address of the self-insurance
administrator.
(2) The number and
types, which includes year, make, and model, of vehicles to be
self-insured.
(3) An oath or
affirmation by the self-insurance administrator, on a bureau approved form,
that he or she shall discharge all legal duties of the self-insurer.
(4) The self-insurance administrator shall
provide the bureau with a master list containing the names and addresses of all
persons who will use such self-insurance to fulfill their financial
responsibility requirements.
(5)
After the bureau approves a request for self-insurance, the self-insurance
administrator must provide the bureau with an updated master list of names and
addresses every calendar month during which any change is made to the
list.
(b) The
commissioner or his or her designee shall determine whether to approve a
request for self-insurance.
(c) The
commissioner or his or her designee shall issue a self-insurance certificate
and a self-insurance number to any person approved to receive such a
certificate.
(d) Self-insurance
certificates shall be renewed on January 2 of each year.
Notes
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