WORKER’S COMPENSATION AND RELATED LAWS -- INDUSTRIAL COMMISSION
CHAPTER 9
STATE INSURANCE FUND
72-903. Further statement of powers. a. The manager shall have full power to determine the rates to be charged for insurance in said fund, and to conduct all business in relation thereto, all of which business shall be conducted in the name of the state insurance manager.
b. Premium payments, voluntary compensation overpayments, and penalties pursuant to the provisions of this act, which remain uncollected four (4) years after they have become due, may be charged off as uncollectible by the manager, if no assets belonging to the liable person and subject to attachment can be found, and in the opinion of the manager there is no likelihood of collection, and the records relating thereto may be destroyed.
c. The manager may cause to be made such summaries, compilations, photographs, duplications, or reproductions of any records or reports of the fund or transcripts thereof, as he may deem advisable for the effective and economical preservation of the information contained therein, and such summaries, compilations, photographs, duplications or reproductions, duly authenticated, shall be admissible in any proceeding under this act if the original record or records would have been admissible therein.
d. The manager may provide by regulation for the destruction or disposition, after reasonable periods, of any records, reports, transcripts or reproductions thereof, or other papers in the custody of the manager, the preservation of which is no longer necessary for the establishment of premium liability or benefit rights or for any purpose necessary to the proper administration of the fund.
WORKER’S COMPENSATION AND RELATED LAWS -- INDUSTRIAL COMMISSION
CHAPTER 9
STATE INSURANCE FUND
72-903. Further statement of powers. a. The manager shall have full power to determine the rates to be charged for insurance in said fund, and to conduct all business in relation thereto, all of which business shall be conducted in the name of the state insurance manager.
b. Premium payments, voluntary compensation overpayments, and penalties pursuant to the provisions of this act, which remain uncollected four (4) years after they have become due, may be charged off as uncollectible by the manager, if no assets belonging to the liable person and subject to attachment can be found, and in the opinion of the manager there is no likelihood of collection, and the records relating thereto may be destroyed.
c. The manager may cause to be made such summaries, compilations, photographs, duplications, or reproductions of any records or reports of the fund or transcripts thereof, as he may deem advisable for the effective and economical preservation of the information contained therein, and such summaries, compilations, photographs, duplications or reproductions, duly authenticated, shall be admissible in any proceeding under this act if the original record or records would have been admissible therein.
d. The manager may provide by regulation for the destruction or disposition, after reasonable periods, of any records, reports, transcripts or reproductions thereof, or other papers in the custody of the manager, the preservation of which is no longer necessary for the establishment of premium liability or benefit rights or for any purpose necessary to the proper administration of the fund.
WORKER’S COMPENSATION AND RELATED LAWS -- INDUSTRIAL COMMISSION
CHAPTER 9
STATE INSURANCE FUND
72-903. Further statement of powers. a. The manager shall have full power to determine the rates to be charged for insurance in said fund, and to conduct all business in relation thereto, all of which business shall be conducted in the name of the state insurance manager.
b. Premium payments, voluntary compensation overpayments, and penalties pursuant to the provisions of this act, which remain uncollected four (4) years after they have become due, may be charged off as uncollectible by the manager, if no assets belonging to the liable person and subject to attachment can be found, and in the opinion of the manager there is no likelihood of collection, and the records relating thereto may be destroyed.
c. The manager may cause to be made such summaries, compilations, photographs, duplications, or reproductions of any records or reports of the fund or transcripts thereof, as he may deem advisable for the effective and economical preservation of the information contained therein, and such summaries, compilations, photographs, duplications or reproductions, duly authenticated, shall be admissible in any proceeding under this act if the original record or records would have been admissible therein.
d. The manager may provide by regulation for the destruction or disposition, after reasonable periods, of any records, reports, transcripts or reproductions thereof, or other papers in the custody of the manager, the preservation of which is no longer necessary for the establishment of premium liability or benefit rights or for any purpose necessary to the proper administration of the fund.
