(a) All employers who elect to be self-insurers for workers' compensation as provided in Article 1, other than self-insurers which are governmental entities, or public utilities, shall be members of the association as a condition of their authority to self-insure. Membership shall be sufficient security for self-insurance.
(b) Membership in the association shall cease when the employer terminates its self-insurance election. However, terminating members shall be and remain liable for the period of time in which they were members of the association and for any subsequent assessments made for that period.
(c) Membership in the association may be terminated for nonpayment of assessments.
(d) The association shall not issue stock and its members shall not, as such, be liable for its obligations.
Structure Code of Alabama
Title 25 - Industrial Relations and Labor.
Chapter 5 - Workers' Compensation.
Article 9 - Alabama Workmen's Compensation Self-Insurers Guaranty Association.
Section 25-5-250 - Creation; Purpose; Powers.
Section 25-5-251 - Membership Requirements.
Section 25-5-254 - Annual Assessments for Administration of Association.
Section 25-5-255 - Insolvency Fund.
Section 25-5-256 - Association Subject to Examination and Regulation by Department of Labor.
Section 25-5-257 - Assessments Deductible as Business Expenses.