Pennsylvania Code (Last Updated: April 5, 2016) |
Title 34. LABOR AND INDUSTRY |
PART VIII. Bureau of Workers Compensation |
Chapter 125. Workers Compensation Self-Insurance |
SubChapter B. GROUP SELF-INSURANCE |
Section 125.137. Withdrawal or expulsion of members
Latest version.
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(a) A fund shall notify the Bureau in writing of the withdrawal or expulsion of a member no less than 15 days prior to the effective date of the withdrawal or expulsion.
(b) Each member which withdraws or is expelled from a fund shall provide to the Bureau a certificate providing evidence of its workers compensation coverage by the effective date of its withdrawal or expulsion.
(c) The fund shall provide to the Bureau any financial information requested by the Bureau to determine whether the withdrawal or expulsion of a member will affect the funds continuing ability to satisfy its obligations, such as special financial statements or projections.