[Code of Federal Regulations]
[Title 20, Volume 3]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 20CFR703.303]

[Page 913]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
  CHAPTER VI--EMPLOYMENT STANDARDS ADMINISTRATION, DEPARTMENT OF LABOR
 
PART 703--INSURANCE REGULATIONS--Table of Contents
 
Sec. 703.303  Decision upon application of employer; deposit of negotiable securities or indemnity bond.

    The decision of the Office to grant an application of an employer 
for authority to pay compensation under said Act as a self-insurer will 
be transmitted to the applicant on a form prescribed by the Office. Such 
grant shall be conditioned upon a deposit of security in the form of an 
indemnity bond or of negotiable securities in an amount fixed by the 
Office, and the execution and filing of an agreement and undertaking in 
the form prescribed by the Office, as required by Sec. 703.304.