Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 20 - Employees' Benefits |
Chapter VI - Office of Workers' Compensation Programs, Department of Labor |
SubChapter A - Longshoremen'S and Harbor Workers' Compensation Act and Related Statutes |
Part 703 - Insurance Regulations |
Subpart D - Authorization of Self-Insurers |
§ 703.313 - Revocation of authorization to self-insure.
Latest version.
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§ 703.313 Revocation of authorization to self-insure.
The Office may for good cause shown suspend or revoke the authorization of any self-insurer. Failure by a self-insurer to comply with any provision or requirement of law or of the regulations in this part, or with any lawful order or communication of the Office, or the failure or insolvency of the surety on its indemnity bond, or impairment of financial responsibility of such self-insurer, shall be deemed good cause for suspension or revocation.