Current through Register Vol. XLI, No. 50, December 13, 2024
Section 85-18-6 - Reconciliation and Settlement of Applicant's Account6.1. The Commissioner will review the standing of any employer making application for self-insured status regarding the West Virginia Workers' Compensation Old Fund and Uninsured Fund and any other potential liabilities owed to the State of West Virginia pursuant to chapter twenty-three of the West Virginia Code or the rules promulgated thereunder. The Commissioner will not approve any application for self-insured status made by an employer whose record upon the books of the Commissioner shows any money owed pursuant to chapter twenty-three of the West Virginia Code or rules promulgated thereunder until the employer has paid in full all existing liabilities.6.2. This section applies equally to any outstanding liabilities as described herein owed by any employer with whom any owner, officer, partner or member of the applying employer was previously affiliated as an owner, officer, partner or member. In other words, the employer making application for self-insured status will not be approved until all liabilities of all employers with whom any owner, officer, partner or member of the applying company is or was previously affiliated have been paid in full.