72-524. SURETIES’ REPORTS OF TAX BASIS. Every surety, other than a self-insurer shall, under oath of the person or officers making the report, within thirty (30) days after February 1 and July 1 of each year, report to the commission the net amount of premium written on worker’s compensation insurance in this state during the preceding six (6) months’ period, and every self-insurer shall, within thirty (30) days after February 1 and July 1 of each year, report in the same manner to the commission the total payroll for the preceding six (6) months’ period. The commission shall have the right, at any time and as often as it requires, to verify the worker’s compensation premiums written by any surety, and to inspect or cause to be inspected the records of any surety underwriting or authorized to underwrite worker’s compensation liability in the state of Idaho for premiums written verification purposes. Failure of any such surety to allow such verification or inspection shall constitute sufficient cause enabling the commission to revoke such surety’s authority to underwrite worker’s compensation liability of any and all employers located, or doing business, in the state of Idaho.
History:
[72-524, added I.C., sec. 72-524, as added by 1971, ch. 124, sec. 3, p. 422; am. 1974, ch. 208, sec. 5, p. 1538; am. 1978, ch. 264, sec. 17, p. 587; am. 1990, ch. 253, sec. 2, p. 726.]
Structure Idaho Code
Title 72 - WORKER'S COMPENSATION AND RELATED LAWS -- INDUSTRIAL COMMISSION
Chapter 5 - INDUSTRIAL COMMISSION
Section 72-501A - REHABILITATION DIVISION — BUDGET AND EXPENSE — COMPOSITION AND IMPLEMENTATION.
Section 72-502 - REFERENCES TO INDUSTRIAL COMMISSION TO INCLUDE INDUSTRIAL ACCIDENT BOARD.
Section 72-504 - ORGANIZATION — CHAIRMAN — SECRETARY.
Section 72-505 - QUORUM — MAJORITY TO ACT — EFFECT OF VACANCY.
Section 72-506 - ACTS OF COMMISSION OR REFERENCE — HEARING OFFICERS.
Section 72-508 - AUTHORITY TO ADOPT RULES AND REGULATIONS.
Section 72-509 - OFFICES AND SUPPLIES.
Section 72-510 - PAYMENT OF EXPENSES.
Section 72-511 - RECORDS AND FORMS.
Section 72-513 - SPECIFIED EMPLOYEES — EXEMPT FROM PERSONNEL SYSTEM.
Section 72-517 - COOPERATION WITH OTHER AGENCIES.
Section 72-518 - DUTIES OF ATTORNEY GENERAL — REPRESENTATION IN COURT.
Section 72-519 - CREATION OF INDUSTRIAL ADMINISTRATION FUND — PURPOSE.
Section 72-520 - INDUSTRIAL COMMISSION ADMINISTRATOR OF FUND.
Section 72-521 - STATE TREASURER CUSTODIAN OF FUND — DUTIES.
Section 72-522 - DEPOSIT AND INVESTMENT OF FUND — INTEREST.
Section 72-523 - SOURCE OF FUND — PREMIUM TAX.
Section 72-524 - SURETIES’ REPORTS OF TAX BASIS.
Section 72-525 - CIVIL ACTION FOR COLLECTION OF PREMIUM TAX — DUTIES OF ATTORNEY GENERAL.
Section 72-526 - PENALTY FOR DEFAULT — COLLECTION BY CIVIL ACTION — DUTY OF ATTORNEY GENERAL.
Section 72-527 - CIVIL PENALTY FOR SURETY’S MISREPRESENTATION — DUTY OF ATTORNEY GENERAL.