Statutes, codes, and regulations
Mississippi Administrative Code
Title 19 - Department of InsurancePart 5 - Non-Auto Property and Casualty InsuranceChapter 4 - (2007-2) Mississippi worker's compensation assigned risk plan and the Mississippi workers' compensation assigned risk pool
Rule 19-5-4.08 - Governing Articles: Article II
Section 19-5-4.08.2 - Termination of Membership

19 Miss. Code. R. 5-4.08.2

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Current through December 10, 2024
Section 19-5-4.08.2 - Termination of Membership

A Member's membership in the Pool shall be terminated upon the occurrence of one or more of the following events:

A. withdrawal or non-renewal of the Member's license to write workers compensation insurance in Mississippi;
B. revocation of the Member's license to write workers compensation insurance in Mississippi by the Commissioner; or
C. adjudication of insolvency of the Member.

Any provision herein to the contrary notwithstanding, a Member shall be deemed to be a member of the Pool for any policy year corresponding to a calendar year during which such Member has positive net workers compensation premiums written in Mississippi as reported in its Annual Statement to the Mississippi Department of Insurance.

Miss. Code Ann.§ 71-3-111 (Rev. 2011)

19 Miss. Code. R. 5-4.08.2