California Labor Code

§ 3702.8

LAB § 3702.8 Effective Jan 1, 2013Div. 4 · Part 1 · Ch. 4 · Art. 1

Statute text

(a)Employers who have ceased to be self-insured employers shall discharge their continuing obligations to secure the payment of workers’ compensation that accrued during the period of self-insurance, for purposes of Sections 3700, 3700.5, 3706, and 3715, and shall comply with all of the following obligations of current certificate holders:

(1)Filing annual reports as deemed necessary by the director to carry out the requirements of this chapter.

(2)In the case of a private employer, depositing and maintaining a security deposit for accrued liability for the payment of any workers’ compensation that may become due, pursuant to subdivision (b) of Section 3700 and Section 3701, except as provided in subdivision (c).

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Legislative history

Amended by Stats. 2012, Ch. 363, Sec. 21. (SB 863) Effective January 1, 2013.