Mont. Admin. r. 24.29.628

Current through Register Vol. 23, December 6, 2024
Rule 24.29.628 - NOTIFICATION OF CHANGES IN SELF-INSURER STATUS REQUIRED
(1) The self-insurer shall notify the department in writing:
(a) 60 days prior to implementing changes that may affect its self-insurance status including but not limited to:
(i) name, controlling ownership, legal status, change in proposed employer group membership, or permanent employment location;
(ii) permanent increase or decrease of more than 25% in the number of employees in Montana; or
(iii) changes in the policies, procedures or administration of its self insurance program; and
(b) within 30 days subsequent to:
(i) adverse material change in financial status;
(ii) adverse material change in liabilities;
(iii) changes in excess coverage;
(iv) permanent reductions, shutdowns, suspensions, or closures of Montana operations; or
(v) new or additional location of employment in Montana as a result of a significant change of operations.

Mont. Admin. r. 24.29.628

NEW, 1996 MAR p. 1151, Eff. 5/1/96; AMD, 2024 MAR p. 1066, Eff. 5/11/2024

AUTH: 39-71-203, MCA; IMP: 39-71-403, 39-71-2101, 39-71-2102, 39-71-2103, 39-71-2104, 39-71-2105, 39-71-2106, 39-71-2107, 39-71-2108, MCA