RCW 51.14.050
Termination of status—Notice—Financial requirements.
(1) Any employer may at any time terminate his or her status as a self-insurer by giving the director written notice stating when, not less than thirty days thereafter, such termination shall be effective, provided such termination shall not be effective until the employer either shall have ceased to be an employer or shall have filed with the director for state industrial insurance coverage under this title.
(2) An employer who ceases to be a self-insurer, and who so files with the director, must maintain money, securities, or surety bonds deemed sufficient in the director's discretion to cover the entire liability of such employer for injuries or occupational diseases to his or her employees which occurred during the period of self-insurance: PROVIDED, That the director may agree for the medical aid and accident funds to assume the obligation of such claims, in whole or in part, and shall adjust the employer's premium rate to provide for the payment of such obligations on behalf of the employer.
[ 2010 c 8 § 14004; 1971 ex.s. c 289 § 30.]
Structure Revised Code of Washington
Title 51 - Industrial Insurance
Chapter 51.14 - Self-Insurers.
51.14.010 - Duty to secure payment of compensation—Options.
51.14.030 - Certification of employer as self-insurer.
51.14.040 - Surety liability—Termination.
51.14.050 - Termination of status—Notice—Financial requirements.
51.14.060 - Default by self-insurer—Authority of director—Liability for reimbursement.
51.14.070 - Payments upon default.
51.14.077 - Self-insurers' insolvency trust—Assessments—Rules.
51.14.080 - Withdrawal of certification—Grounds.
51.14.090 - Withdrawal of certification, corrective action upon employees' petition.
51.14.095 - Corrective action—Appeal.
51.14.100 - Notice of compliance to be posted—Penalty.
51.14.120 - Copy of claim file—Notice of protest or appeal—Medical report.
51.14.130 - Request for claim resolution—Time.
51.14.140 - Violations of disclosure or request for resolution—Order by director.
51.14.160 - School districts, ESDs, or hospitals as self-insurers—Rules—Scope.
51.14.170 - Administration of claims—Third-party administrators.
51.14.300 - Ombuds office created—Appointment—Open and competitive contracting.
51.14.310 - Ombuds—Term of office—Removal—Vacancies.
51.14.320 - Ombuds—Training or experience qualifications.
51.14.330 - Ombuds office—Staffing level.
51.14.340 - Ombuds office—Powers and duties.
51.14.350 - Ombuds office—Referral procedures—Department response to referred complaints.
51.14.370 - Confidentiality of ombuds records and files—Disclosure prohibited—Exception.
51.14.380 - Explaining ombuds program—Posters and brochures.