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(a) Within 30 days after it receives the application for renewal and all supporting data, the board will approve or deny the application or advise the self-insurer of any additional requirements.
(b) If the board requests additional information, the renewal application will be considered denied if the self-insurer does not respond within 15 days after receiving the request.
(c) An extension of a self-insurance certificate may be granted for no more than 90 days to meet the requirements of the board, if a request for an extension is made in writing by the self-insurer and received by the board at least 15 days before the date the current certificate expires. If all the requirements for renewal of the self-insurance certificate have not been met within the time prescribed, the application for renewal will be denied. After considering the additional required information the board will either grant or deny renewal.
History: Eff. 11/20/83, Register 88
Authority: AS 23.30.005
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Last modified 7/05/2006