[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: 20CFR703.310]

[Page 915-916]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
  CHAPTER VI--EMPLOYMENT STANDARDS ADMINISTRATION, DEPARTMENT OF LABOR
 
PART 703--INSURANCE REGULATIONS--Table of Contents
 
Sec. 703.310  Reports required of self-insurers; examination of accounts of self-insurer.

    At such times as the Office may require or prescribe, each self-
insurer shall submit such of the following reports as may be requested:
    (a) A certified financial statement of the self-insurer's assets and 
liabilities, or a balance sheet.
    (b) A sworn statement showing by classifications the payroll of 
employees of the self-insurer who are engaged in employment within the 
purview of the LHWCA or any of its extensions.
    (c) A sworn statement covering the 6 months' period preceding the 
date of such report, listing by compensation districts all death and 
injury cases which have occurred during such period, together with a 
report of the status of all outstanding claims, showing the particulars 
of each case.

Whenever it deems it to be necessary, the Office may inspect or examine 
the books of account, records, and other papers of a self-insurer for 
the purpose of verifying any financial statement submitted to the Office 
by self-insurer or verifying any information furnished to the Office in 
any report required by this section, or any other section of the 
regulations in this part, and such self-insurer shall permit the Office 
or its duly authorized representative to make such an inspection or 
examination as the Office shall require. In lieu of this

[[Page 916]]

requirement the Office may in its discretion accept an adequate report 
of a certified public accountant.

(Approved by the Office of Management and Budget under control number 
1215-0033)

(Pub. L. No. 96-511)

[38 FR 26873, Sept. 26, 1973, as amended at 49 FR 18294, Apr. 30, 1984; 
50 FR 407, Jan. 3, 1985]