Or. Admin. Code § 436-050-0195 - Requirements for Changes in Self-Insured Employer Entity
(1)
Notification of changes in entity, contact information, or
ownership. If there is any change in the entity, changes in addresses,
telephone numbers, and points of contact, or ownership of a self-insured
employer, the self-insured employer must notify the director in writing within
30 days after the change occurs.
(2)
Adding or deleting entities.
If a self-insured employer wishes to add or delete entities to a self-insured
employer's certification:
(a) The self-insured
employer must submit a completed Form 1865, "Endorsement to Include Legal
Entity in Self-Insured Certification," signed by an officer of the self-insured
employer;
(b) Each entity must
enter into an agreement, signed by an officer of the entity, making the entity
jointly and severally liable for the payment of any compensation and moneys due
to the director by the certified self-insured employer or any other entity
included in the self-insured employer's certification; and
(c) The director will determine, based on the
information provided, the effect of the change on the deposit required and
whether the entities can be combined for experience rating purposes.
(3)
Failure to provide
notification. Failure to provide notification as required under this
rule may result in assessment of penalties, revocation of self-insurance
certification, or both.
Notes
Statutory/Other Authority: ORS 656.407, ORS 656.430 & ORS 656.726(3)
Statutes/Other Implemented: ORS 656.407 & ORS 656.430
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