Section 260-RICR-50-05-1.17 - CANCELLATION/LAPSATION/EXPIRATIONA. Notice of Cancellation will be given to the self-insured office that is listed on the application. Such notice will be transmitted by certified mail/return receipt requested and other additional means such as e- mail, fax, telephone and letterforms. Cancellation may be put in place for failure to make WC payments, or payments of assessments when due by liquidation and/or close of business in Rhode Island, and filing of any forms of bankruptcy and reorganization.B. Renewal is not automatic. Failure to provide required items, such as but not limited to excess coverage, general liability policy, surety coverage's and other required items, are grounds for cancellation. Required items that are allowed to lapse or expire by a self- insured are grounds for cancellation of self-insurance privileges.260 R.I. Code R. 260-RICR-50-05-1.17
Amended effective 11/28/2018