Sections 58-20-33, 58-20-34 - Involuntary termination of membership in self-insurance association. Liability for contractual obligations subsequent to termination in self-insurance association
58-20-33. Involuntary termination of membership in self-insurance association. A member may be involuntarily terminated as a member of the association if the department finds, after due notice and hearing, that the member:
(1) Has failed to pay any contribution or assessment due to the association;
(2) Has failed to comply with §§ 58-20-25 to 58-20-40, inclusive, or the rules promulgated pursuant to §§ 58-20-25 to 58-20-40, inclusive; or
(3) Has failed to comply with the bylaws, loss control policies or discharge any other obligation it owes to the association.
A hearing may be initiated by the department on its own initiative or upon the request of the association's board of directors.
(1) Has failed to pay any contribution or assessment due to the association;
(2) Has failed to comply with §§ 58-20-25 to 58-20-40, inclusive, or the rules promulgated pursuant to §§ 58-20-25 to 58-20-40, inclusive; or
(3) Has failed to comply with the bylaws, loss control policies or discharge any other obligation it owes to the association.
A hearing may be initiated by the department on its own initiative or upon the request of the association's board of directors.
Source: SL 1995, ch 282, § 9.