19 Miss. Code. R. 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)

Notes

19 Miss. Code. R. 5-4.08.2